Updated about 5 years ago on . Most recent reply
My second investment!
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $33,000
Cash invested: $1,000
A single-family, one bed, one bath home.
What made you interested in investing in this type of deal?
I just recently purchased my first home, and I moved on to the next!
How did you find this deal and how did you negotiate it?
My parents owned this home previously, but they didn't want to be landlords, so I was able to get a no-money-down seller financing agreement.
What was the outcome?
It is now being rented out, and is cash flowing well!