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34
Posts
19
Votes
Todd Knudson
  • Real Estate Agent
  • Houston
19
Votes |
34
Posts

Buy and Hold Joan St

Todd Knudson
  • Real Estate Agent
  • Houston
Posted

Investment Info:

Single-family residence buy & hold investment.

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

3 Bed 2.1 bath 10,000 SQFT lot Cul-de-sac
Charming home completely remodeled.

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

Great Buy and low interest rate. 3.5%

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

Friend

How did you finance this deal?

Conventual Financing

How did you add value to the deal?

Total remodel

What was the outcome?

Still holding

Lessons learned? Challenges?

I personally don't care for large lots. Invites to many people.

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

I am the agent