Home Run Investment

[Billy Johair]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $240,000
Cash invested: $60,000

Amazing home in a wonderful neighborhood. Sits between 2 schools and a park. Home didn't need a nail, and it rented out in one day! Paid $240,000 for it when the actual market value was $290,000

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

Fantastic neighborhood and instant equity.

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

It was sitting there on the open market.

How did you finance this deal?

Standard Lender DSCR Loan