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Updated 3 months ago on . Most recent reply

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Braden Ford
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S Richmond Property

Braden Ford
Posted

Investment Info:

Single-family residence buy & hold investment in Pittston.

Purchase price: $115
Cash invested: $25,000

Two bedroom, one bath home southwest side of Wichita.

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

Just knew I needed to start investing in real estate, tried to find a decent house to put money down and cover with rent.

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

Used a relator.

How did you finance this deal?

20%+ down so I didn't have to pay PMI

Lessons learned? Challenges?

I was too nice to the sellers and they left the house a complete mess when they moved out, I should not have signed the closing paper work until the house had been cleaned.

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