Updated over 1 year ago on . Most recent reply
Investment Property 2
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $215,000
Cash invested: $45,000
Long term new construction buy and hold. We changed fixtures and added an accent wall. It was rented before I even got a chance to put it on the market.
What made you interested in investing in this type of deal?
Fit buy box of A or B rated school district in good area that could appreciate over time.
How did you find this deal and how did you negotiate it?
New Construction. negoiated price
How did you finance this deal?
conventional investment loan
How did you add value to the deal?
added accent walls and fixtures
What was the outcome?
I rented before I could even put on the market with one social media post.
Lessons learned? Challenges?
I wish I bought more in this neighborhood. This was the first of 2 that I own in this neighborhood.
