Owner Occupied investment property

[Heath Shepard]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $325,000
Cash invested: $66,000

I currently occupy this property

What made you interested in investing in this type of deal?

The location and that this property was distressed in comparison to the rest of the houses in the neighborhood.

How did you find this deal and how did you negotiate it?

A property manager friend of mine.

How did you finance this deal?

30yr fixed because I'm living in the property at the time of purchase.

How did you add value to the deal?

Full interior repaint including all cabinets, exterior paint and wood repair, New roof curtesy of a hail storm.