First Buy and hold closed!

[Herman Richards]

Investment Info:

Townhouse buy & hold investment.

Purchase price: $120,000
Cash invested: $120,000

1341 sf townhome. 3 bd 1.5 bath

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

Talking to a coworker 2 years ago he said he was looking to move, he finally got a job to relocate and he wanted to sell quickly

How did you finance this deal?

Some of my cash and a hard money investor

How did you add value to the deal?

I am doing a minor renovation. I just closed yesterday so it is not complete

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Not for this deal other than the title company, Fact Finders and they were great! Also the home inspector, Clatterbuck home inspections and they were very good also.