Updated over 4 years ago on .
Sold this property Sight Unseen!
Investment Info:
Single-family residence wholesale investment in San Antonio.
Purchase price: $178,000
My rental investor picked up this single family home! The property was in prime location, Northeast San Antonio has some of the best ISDs, its growing tremendously, and rents are right on target with the 1% rule. My investor saw this opportunity and did not think twice. This home had a tenant paying over $1700 a month already!! THE NUMBERS JUST MADE SENSE!
What made you interested in investing in this type of deal?
The numbers! Real Investors will understand, when you see a deal come in where the numbers are exactly what you are looking for, you cant overthink it! This house was already being rented for over $1700- for a BRRRR investor it made sense. Monthly cashflow was already over $500.
How did you find this deal and how did you negotiate it?
This was an Off Market deal. Only our clients have access to it!
How did you finance this deal?
Cash buyers.
