We bought a house we couldn't get into in Louisville!

[Jordan Moorhead]

Investment Info:

Single-family residence buy & hold investment in Louisville.

Purchase price: $82,500
Cash invested: $82,500

Contributors:
John Dickinson

We bought this 2 bedroom house with an unruly tenant sight unseen. We plan to make it a 3 bedroom if possible or rent it as a 2 bedroom. Worst case scenario we'll flip it and do well!

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

We buy houses in 40213, 40218 an 40219

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

Through a flipper

How did you finance this deal?

private money

How did you add value to the deal?

We'll see! Haven't seen inside yet but the pictures look good

Lessons learned? Challenges?

Get a signed document from the seller saying the tenant is not paying