First Ever Investment Property

[Douglas Jones]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $72,300
Cash invested: $24,000

Bought to help a friend out back in the day. Then had a reliable tenant for 8 years.

How did you finance this deal?

30 year fixed

How did you add value to the deal?

Installed flooring (LVP)

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

Bought it FSBO and worked directly with Title Company