Updated about 5 years ago on . Most recent reply
Vacation rental #4 in Fort Lauderdale 2/1 no pool
Investment Info:
Single-family residence buy & hold investment in Fort Lauderdale.
Purchase price: $182,500
Cash invested: $50,000
Renovated for Vacation rental
What made you interested in investing in this type of deal?
price was very good and neighborhood
How did you find this deal and how did you negotiate it?
driving around then MLS
How did you finance this deal?
conventional 20% down
Lessons learned? Challenges?
stick to original vision
quash issues with neighbors immediately... go talk to them
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
wells fargo did the mortgage. i have a realtor license