Updated about 5 years ago on .
Hesperia SFR Buy and Hold
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $201,000
Cash invested: $210,000
Buy & Hold purchased with renovation already completed at 71% market value. Rented for $2,000 / Month. Spent $2,300 on paint, a glass shower door and other misc holding costs.
How did you find this deal and how did you negotiate it?
Found this deal by reaching out directly to the seller through text blasts.
How did you finance this deal?
Private money
How did you add value to the deal?
Property was already completely rehabbed.
What was the outcome?
Cash flowing about $800/ month with none of my own money invested.