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3
Posts
3
Votes
Matthew S.
  • Realtor
  • Charlotte, NC
3
Votes |
3
Posts

Long term plan to hold as rental

Matthew S.
  • Realtor
  • Charlotte, NC
Posted

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $100
Cash invested: $4,500

Fixing property up now

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

Fixed up this property is somewhere I would want to live.

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

I found the seller who did not want the house anymore and offered to take it off her hands.

How did you finance this deal?

paid cash

How did you add value to the deal?

Cleaned Property. Currently gutting

What was the outcome?

None yet

Lessons learned? Challenges?

Challenge- Need to put on a roof right now.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Looking for a roofer in Lancaster SC

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