Updated about 5 years ago on . Most recent reply
Single Family Rental
Investment Info:
Single-family residence buy & hold investment in Londonderry.
Purchase price: $180,000
Sale price: $309,900
Purchased this single family home at auction. Held for many years then fixed and Flipped it.
What made you interested in investing in this type of deal?
It was being auctioned in a neighborhood I was familiar with.
How did you find this deal and how did you negotiate it?
Auction
How did you finance this deal?
Conventional
How did you add value to the deal?
Rented for several years, then completely remodeled snf flipped it.
What was the outcome?
Netted over $100,000
Lessons learned? Challenges?
Tenants can destroy investment, but there's still hope at the flip!!
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Yes
- Sean Delisle
- [email protected]
- 978-233-1756
