4700 Royal Prince Way
Investment Info:
Condo buy & hold investment.
Purchase price: $115,000
Cash invested: $5,750
2 bed, 2 bath condo that was originally househacked while I updated the unit.
What made you interested in investing in this type of deal?
I didn't want to pay rent, and my lease was ending.
How did you find this deal and how did you negotiate it?
I had been actively shopping for months. Knoxville is a seller's market, so there wasn't any negotiating on my side (the buyer).
How did you finance this deal?
Conventional loan
How did you add value to the deal?
Fresh paint, new light fixtures, washer/dryer, kitchen appliances, bathroom vanity, and door knobs.
What was the outcome?
TBD