Updated about 7 years ago on .
First Home turned Rental
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $44,500
Cash invested: $16,000
This was my first home... foreclosure.. lived in it about 2 years then have been renting ever since
What made you interested in investing in this type of deal?
purchase price was a bargain!
How did you find this deal and how did you negotiate it?
MLS - First time homebuyer, paid over asking price
How did you add value to the deal?
New HVAC, New roof, new doors, updated kitchen & Bathroom, new light fixtures, added deck, updated kitchen with backsplash, granite, sink, appliances, tile and paint
What was the outcome?
great!
