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Updated about 3 years ago, 12/29/2021
Central Washington Dream Home
Investment Info:
Single-family residence buy & hold investment in Wenatchee.
Purchase price: $540,000
Cash invested: $54,000
Single Family Home future location for wedding venue and ADU
What made you interested in investing in this type of deal?
primary residence
How did you find this deal and how did you negotiate it?
inherited land and built structure
How did you finance this deal?
traditional construction loan and then refied into a lower 20 yr
How did you add value to the deal?
built a structure prior to major market increase
What was the outcome?
beautiful 5 bed 3.5 bath with amazing views of the north cascades close to skiing, wine, orchards, and tons of outdoor recreation.
Lessons learned? Challenges?
probably built on the large side for a single family home.