First time buying out of state
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $475,000
Cash invested: $134,000
2405 Appaloosa Circle is a beautifully remodeled 4-bedroom, 2-bathroom single-family home offering approximately 2,010 square feet of comfortable living space. The home features an open floor plan, quartz countertops, stainless-steel appliances, updated bathrooms, a fireplace, a screened lanai, and a spacious private backyard. It is conveniently located near I-75, shopping, restaurants, schools, and Sarasota’s Gulf beaches—making it a wonderful home for families or working professionals.
What made you interested in investing in this type of deal?
The house was nicely flipped
How did you find this deal and how did you negotiate it?
I found a good agent and she found the deal
How did you finance this deal?
Through DSCR loan
How did you add value to the deal?
The house was in good condition to rent
What was the outcome?
8/10
Good cash flow
Nice location
Appreciation overtime
Lessons learned? Challenges?
It was a pretty smooth process
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Yes i would. Her name is Aimy Van