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Updated almost 7 years ago on . Most recent reply

User Stats

22
Posts
14
Votes
Toby Gingold
  • Real Estate Agent
  • New York City, NY
14
Votes |
22
Posts

Single Fam 2 Syracuse

Toby Gingold
  • Real Estate Agent
  • New York City, NY
Posted

Investment Info:

Single-family residence buy & hold investment in Syracuse.

Purchase price: $35,000
Cash invested: $35,000

Part of an off market package deal, single family residence, strong cash flow - first deal along with other SFR, goal was cash flow.

What made you interested in investing in this type of deal?

Cash Flow

How did you find this deal and how did you negotiate it?

Negotiated 5K off purchase price due to damages after initial inspection caused by current renters

How did you finance this deal?

Cash

How did you add value to the deal?

will not rehab until current tenants leave, or when going to sell.

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