Bought our 4th buy and hold

[Chris Berry]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $210,000
Cash invested: $2,500

4 bedroom cape.

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

I have had success in this area the last few years

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

I found it on redfin, and put in an offer.

How did you finance this deal?

25% down investment property loan from quicken

How did you add value to the deal?

Replaced the floors downstairs and cleaned the yard up.

What was the outcome?

I have a tenant lined up for hopefully November 15th move in once all the rental permit inspections are completed