Updated about 5 years ago on . Most recent reply
My first Real Estate Property
Investment Info:
Condo buy & hold investment in Colorado Spgs.
Purchase price: $215,000
Cash invested: $9,000
Two bed Two Bath Condo 15 minutes from Downtown and within 30 minutes of 3 major military installations.
What made you interested in investing in this type of deal?
The potential to rent in the future. Vacancy should be virtually 0
How did you find this deal and how did you negotiate it?
MLS, using a realtor
How did you finance this deal?
VA loan
How did you add value to the deal?
Got a property off of someone's hand who was looking to upgrade
What was the outcome?
Still in progress/
Lessons learned? Challenges?
it wasnt that complicated
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Cori Mesa