Buy and Hold Investment/Flip
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $60,000
Cash invested: $20,000
Sale price: $118,900
Purchased as a buy and hold. Total investment $80,000. Rented out for $850 for two years. Then Sold for $118,900
How did you finance this deal?
Paid Cash
How did you add value to the deal?
Rehabbed Kitchen, bathroom and repainted entire inside and out of home.
What was the outcome?
Made rental income and $40,000 on sale of property.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
I was the buyers agent and the property manager.
