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Updated over 5 years ago on .

User Stats

9
Posts
7
Votes
Jon Dittrich
7
Votes |
9
Posts

very first investment property

Jon Dittrich
Posted

Investment Info:

Single-family residence wholesale investment in Cleveland.

Purchase price: $33,000
Cash invested: $7,000

It was a no money down deal because a friend of ours invested all of the cash up front for a fee to be paid on refi. We are funding the rehab costs. Should cash flow $100-$150 a month after refi.