Updated about 6 years ago on .
Siskin Single Family Rental
Investment Info:
Single-family residence buy & hold investment in Olympia.
Purchase price: $155,000
Sale price: $155,000
3bdr 2.5 bath 2 story rental home in Olympia Washington.
What made you interested in investing in this type of deal?
My vision is to have enough rental property to retire comfortably and show my sons that working for yourself is more profitable.
How did you find this deal and how did you negotiate it?
I located the deal through my realtor
How did you finance this deal?
Traditional bank financing. 30yr fixed.
How did you add value to the deal?
I have owned the home for 14 years. I also updated the flooring, painted the kitchen cabinets, painted the inside, added new trim, and granite counter tops throughout the home.
Lessons learned? Challenges?
if you plan on living in a rehab make sure it is complete before moving in!