Buy & Hold

[Mustafa Mahmoodzada]

Investment Info:

Townhouse buy & hold investment in Occoquan.

Purchase price: $464,900
Cash invested: $20,000

4 beds, 3.5 bath, 2,660 sq. ft., 0.05-acre lot, build in 2014
I bought it as my primary residence and still live here.

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

I found it in Zillow and worked with my realtor on negotiating the deal.

How did you finance this deal?

30-yr conventional loan and after one year refinanced it to lower interest rate and changed to 15-yr term.

How did you add value to the deal?

I added an elevated composite deck.