10th residential house with no money out of pocket

[Dustin Lavender]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $35,000
Cash invested: $5,000

4 bedroom 2 bath house. Sat empty for a long time assessing and remodeling currently.

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

Proximity to previously owned properties.0

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

I have seen this house set empty for close to 10 years. I have mailed the tax record address multiple times with no response so I looked up the names on Facebook, friended the guy. Spent a year becoming Facebook pls and then bought the house from him!

How did you finance this deal?

Equity from other properties.

How did you add value to the deal?

Renovating it currently.

What was the outcome?

Bought it with no money down, because that’s how I like to roll.

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

Absolutely NOT!