Updated over 4 years ago on .
The second house I was involved with buying
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $180,000
Cash invested: $10,000
This home my wife and I bought when we were getting married and started a family here. We lived here for 11 years.
What made you interested in investing in this type of deal?
We wanted a house.
How did you find this deal and how did you negotiate it?
Honestly we just found a home that needed a tiny bit of work that was in a good location and suited our needs.
How did you finance this deal?
Traditional financing.
What was the outcome?
We now rent this home out.