Updated almost 7 years ago on . Most recent reply
North Carolina rental property
Investment Info:
Single-family residence buy & hold investment in Spring Lake.
Purchase price: $171,000
Cash invested: $12,700
First go at real estate investing and buy and hold, seems to be working out so far.
How did you finance this deal?
Bank/Lender VA loan
How did you add value to the deal?
Remodeling floors, rooms, upgrading lighting, and replacing appliances.
What was the outcome?
Appealing to the tenants, they seem to LOVE the inside.