Selling to pay debt

[Rodolfo Chicata]

Investment Info:

Single-family residence other investment in Yuma.

Purchase price: $310,622
Cash invested: $3,600

3 Rooms, 2 full bathrooms, 1350 sqft, solid construction, built in 2018.

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

I have military orders to Marietta, Georgia. I will sell this property in order to pay off debt. Consequently, buy a multifamily in Marietta, GA.

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

I found it when arrived in Yuma AZ

How did you finance this deal?

Mortgage payments.

How did you add value to the deal?

Great location.

What was the outcome?

Positive

Lessons learned? Challenges?

DO not waste money on stuff you don't really need.

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

Robert Lane from Jacksonville, North Carolina