Fourth of Many to the Books

[Austin Grant McDowell]

Investment Info:

Single-family residence buy & hold investment in Chesnee.

Purchase price: $60,000
Cash invested: $9,000

We jumped on this one because it needed work, but not too much. Still able to make some money every month.

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

I was familiar with the location and what it could bring in.

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

It was on the market and thankfully I had a great working relationship with the listing agent that vouched for me to the sellers that I was good for the buy.

How did you finance this deal?

Conventional Lending

How did you add value to the deal?

Paint, floors, Exterior paint and renovations.