Very first property bought with business partner

Very first property bought with business partner

Member since 2026 · 1 post · 0 votes

Investment Info:

Condo hard money loan investment.

Purchase price: $155,000
Cash invested: $20,000

This condo is in fairy decent shape with a month to month Tennant already in place the the previous owner inherited so we were able to make a reasonable low offer that was accepted.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Yes, worked with a local agent/Friend "Tim Nash" and work with kiavi as the lender

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  • MD/DC · Member since 2024 · 1k+ posts · 1k+ votes
    3mo

    Congrats! Where is it? What is the HOA fee and how much is the rent? Will you need to do updates before placing next tenant?

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