Value Add Buy and Hold

[Tyler Puzio]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $175,000
Cash invested: $43,750

Under market purchase. Bought the house with built in equity.

What made you interested in investing in this type of deal?

The house came with built in equity. We got a lot of sweat equity out of the deal as well

How did you find this deal and how did you negotiate it?

Wholesaler

How did you finance this deal?

Conventioanl loan

How did you add value to the deal?

Renovated the home.

What was the outcome?

Forced appreciation which produced more equity and greater potential cashflow

Lessons learned? Challenges?

Heavily vet out every tenant and read the fine print of every background check/credit check