SFR in Mature Neighborhood
Investment Info:
Single-family residence buy & hold investment in Winter Haven.
Purchase price: $57,000
3/2 SFR in a mature and rent-friendly section of Winter Haven, FL
What made you interested in investing in this type of deal?
Property value to asking price was very favorable. I had some comfort from my first 2 deals now that they were performing.
How did you find this deal and how did you negotiate it?
MLS
How did you add value to the deal?
Property was move-in ready. Property was held by an estate who did not want to manage an out-of-state property.
What was the outcome?
Closed without problems and quickly gained a tenant.