New property with ADU Plans
Investment Info:
Single-family residence buy & hold investment in Winchester.
Purchase price: $669,000
Cash invested: $75,000
New primary residence. Currently 2 unit property, and working on building another ADU with a twist ;)
What made you interested in investing in this type of deal?
The builder has a unique floor plan that makes it become a cash flowing rental
How did you find this deal and how did you negotiate it?
Found driving the area and I represented myself
How did you finance this deal?
Conventional financing
How did you add value to the deal?
Building an ADU with an already present JADU
What was the outcome?
still in process