Investment Info:

Single-family residence buy & hold investment in Memphis.

Purchase price: $190,000
Cash invested: $38,000

Purchased to hold at $190,000 with DSCR loan. Home needed zero repairs. Tenant in place. Raised rent on current tenant to $2,000 immediately. Has great potential for short/midterm rental in future bc of its location.

How did you finance this deal?

DSCR loan through Stockton Mortgage