Closed on our 2nd out of state LTR

[Kirk Catt]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $129,400
Cash invested: $35,861

Closed on our 2nd out of state LTR. Conventional loan with 25% down. Closed at $129,400. Should net $525/month after expenses. Since Rookie Boot Camp we have added 3 LTRs and 1 STR totaling $855k in holdings to our current portfolio. Now to start using other peoples money to add more in 2022!

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

Cash flow

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

Through Realtor

How did you finance this deal?

Conventional with 25% down

How did you add value to the deal?

updating and repairs