Buy and Hold in Austin
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $160,000
Cash invested: $30,000
Buy and Hold Subject to in Austin
What made you interested in investing in this type of deal?
The creative financing, price, type of home, and location
How did you find this deal and how did you negotiate it?
Wholeseller
How did you finance this deal?
Subject to
How did you add value to the deal?
Not needed
What was the outcome?
Long term rental cashflowing about 400 per month
Lessons learned? Challenges?
FHA loan have MIP for the life of the loan
- Julie Hutchison