Updated over 4 years ago on . Most recent reply
First SFR investment
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $110,000
Cash invested: $25,000
Bed: 3
Bath: 1.5
sq ft: 1746
Year built: 1908
Rehab: 2019
What made you interested in investing in this type of deal?
This deal was turnkey and offered good cash-flow for the amount I had to invest. I have been in analysis paralysis for years. This was my momentum starter.
Starting off small, and eventually on to bigger purchases and projects.
How did you finance this deal?
Conventional loan, 20% down
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Rent to Retire.
Professional staff that makes the process much less intensive.