Updated about 7 years ago on . Most recent reply
1st Single Family Rental Bought!
Investment Info:
Single-family residence buy & hold investment in Chattanooga.
Purchase price: $60
Bought my 1st rental with my IRA!
What made you interested in investing in this type of deal?
The Cashflow potential and the appreciation in the neighborhood.
How did you find this deal and how did you negotiate it?
A wholesaler that I know very well brought me the deal.
How did you finance this deal?
My IRA
How did you add value to the deal?
Putting $15 into rehabbing it.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Urban Core Construction in Chattanooga is doing the rehab!! I highly recommend them.
