My Very 1st deal..!!!! Cheap Lessons
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $99,000
Cash invested: $18,000
My very 1st deal.
What made you interested in investing in this type of deal?
Cheap and easy way to get experience.
How did you find this deal and how did you negotiate it?
Online MLS
How did you finance this deal?
Conventional
How did you add value to the deal?
Paint and minor repairs.
What was the outcome?
Minimal cash flow but some great lessons.
Lessons learned? Challenges?
Have in place your core 4 before making offers.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Agent, lender, friend (Broker), property management.
