205 11th ST SE Bondurant - Single Family Rental

[Tyler Hill]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $201,000
Cash invested: $7,500

Single Family Three Bed, Two Bath house, with two car detached garage. Updated kitchen and laundry within unit.

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

Found on Zillow; offered $1k over their asking price to keep the nice large dining table in the house we could later sell. Also, seller paid for pest control and water leaks/new pipes in the house.

How did you finance this deal?

Placed 20% down of the loan with a partner and paid our partner 20% of our down payment.