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Updated over 3 years ago on .

User Stats

1
Posts
0
Votes
TC Cooksley
  • Real Estate Broker
  • Culpeper VA, USA
0
Votes |
1
Posts

trisler dr. f'burg opportunity.

TC Cooksley
  • Real Estate Broker
  • Culpeper VA, USA
Posted

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $125,000
Cash invested: $25,000
Sale price: $325,000

I purchased this home a few years ago. Renovated in and have used it as a rental for 6 years. As the market soured I switched in to a 'Rent to Own' at the market rate.

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

The home was under valued when I purchased it in a great location.

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

I lived nearby.

How did you finance this deal?

private money.

How did you add value to the deal?

CMA

What was the outcome?

Great investment opportunity

Lessons learned? Challenges?

If you see a home that catches your attention it is worth checking into and finding a way to make an offer.

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

I am a real estate professional. I work with Reggie at Pleasant Funding.