Updated about 7 years ago on .
First rental purchse
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $230,000
Cash invested: $40,000
A nice 4 bed 2 bath house on a half acre 2100 square feet.
What made you interested in investing in this type of deal?
Start to generate income, start to get into the rental game
How did you find this deal and how did you negotiate it?
From a friend
How did you finance this deal?
conventional
How did you add value to the deal?
purchased house in a very up in coming area and about 50k back of average house in the area
What was the outcome?
Perfection
Lessons learned? Challenges?
Honestly i got a easy one this time around,