Updated over 3 years ago on . Most recent reply
The Power of All Inclusive Deed of Trust sales
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $318,000
Cash invested: $3,000
All-Inclusive Deed of Trust; financed 318,000 I paid $3,000 for closing costs. Current market value 475k rents for $2,100 Per month.
What made you interested in investing in this type of deal?
Who wouldn't be interested in owning a home for $3,000 out of pocket?
How did you find this deal and how did you negotiate it?
My father (broker) taught me to look for AITD's and different ways to acquire real estate with next to nothing out of pocket.
How did you finance this deal?
AITD
How did you add value to the deal?
Cleaned and painted, put renters in, appreciation
What was the outcome?
Cash flows today
Lessons learned? Challenges?
COVID EVICTIONS IN CA , CHECK YOUR TENANTS RENTAL HISTORY!!
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Quick Sale Real Estate