All Forum Posts by: Bradley Lee

As an agent in the areas, there is a decent amount of MF in the areas. We are still short housing for 200-300 families in just Carteret and Craven Counties. Housing is being built but all of the apartments and long term housing are full. We are just now seeing the apartment complexes show 1-4 vacancies a month. 

Investment Info:

Single-family residence buy & hold investment in Havelock.

Purchase price: $133,000
Cash invested: $5,000

First home kept as a rental!

What made you interested in investing in this type of deal?

Prior military used my BAH to purchase and invest in myself vs rent and invest in others.

How did you find this deal and how did you negotiate it?

First time home buyer / Agent

How did you finance this deal?

VA

How did you add value to the deal?

Pay my monthly mortgage, use the profit from the property to pay the loan down quicker.

What was the outcome?

Pay off sooner.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Myself!