Updated 3 months ago on . Most recent reply
1031 Exchange Buy and Hold
Investment Info:
Townhouse buy & hold investment.
Purchase price: $205,000
Cash invested: $100,000
Paid off a 10-year traditional mortgage that was maturing in 2021. This property has been generating positive cash yield ever since we acquired it.
What made you interested in investing in this type of deal?
n/a
How did you find this deal and how did you negotiate it?
This deal was located in my childhood hometown and my mom actually found it in 2011.
How did you finance this deal?
cash and savings