Flood Damaged Single Family
Investment Info:
Single-family residence buy & hold investment in Baton Rouge.
Purchase price: $55,000
Cash invested: $30,000
Home only had one owner and was owned free and clear. Damaged in a flood and elderly couple did not have flood insurance. Financed through a 203K.
How did you find this deal and how did you negotiate it?
Realtor sent it to me.