Our first rental in Seattle.

[Dave Laird]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $314,000
Cash invested: $200,000

Now working out potential rental price. 

First home in the process of turning it into a rental.

[Sherief Elbassuoni]

@Dave Laird, Congrats!

Does the $200,000 cover the downpayment, closing fees, and rehab cost? We typically see high rehab numbers if the property is pretty distressed. Was this the case?

Feel free to reach out if you got questions