Updated about 6 years ago on . Most recent reply
First Investment property
Investment Info:
Single-family residence buy & hold investment in Augusta.
Purchase price: $48,000
Cash invested: $10,000
Class C property in a class C neighborhood boasting 10 year long term renters.
How did you find this deal and how did you negotiate it?
Realtor
How did you finance this deal?
Convention bank financing
What was the outcome?
Cash flowing well
Lessons learned? Challenges?
Ensure inspection is air tight
Negotiate hard the deal to cover foreseeable repairs
