My first deal!

[Elwin Green]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $33,000
Cash invested: $6,000

3/2 on a quarter-acre lot in a rural setting.

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

The seller responded my Craigslist ad. They offered a discounted price and seller financing right off the bat.

How did you add value to the deal?

I'm preparing to repair/replace HVAC and plumbing.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I did not use an agent. For financing, I hope to use a private lender I know through my local real estate investment club.