My first Investment

[Clarence Mitchell]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $80,000

Contributors:
Min Zhang

First Deal, off market, turn key, cash flowing, with equity.

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

I got a lot of confidence after sharing my goal and working with people who had already taken the steps I wanted to take.

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

Through Min Zhang. I negotiated via email and through Min.

How did you finance this deal?

Conventional Loan

How did you add value to the deal?

I bought on a discount to gain equity day one. There is a tenant and i also receive rental income.