Updated over 5 years ago on . Most recent reply
First Purchase and working on Second one.
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $70,000
Cash invested: $14,459
We purchased our first rental for $70,000. We put 20% down and financed $57,000. We invested $5000.00 and it appraised for $90,000 after rehab. We are getting $800.00 rent in this one.