Updated over 6 years ago on .
Off market rental property purchase
Investment Info:
Single-family residence buy & hold investment in Evansville.
Purchase price: $77,000
Cash invested: $15,000
3 bed, 2 bath house on a slab
What made you interested in investing in this type of deal?
Great buy & hold rental property minimal work, little maintenance
How did you find this deal and how did you negotiate it?
Off market, offered my price and it was accepted
How did you finance this deal?
Community bank
How did you add value to the deal?
New paint and flooring