My first investment property

[Rasheed McDaniel]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $36,000
Cash invested: $20,000
Sale price: $96,000

first investment home

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

great neighborhood plus numbers made sense

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

I work with an agent

How did you finance this deal?

Cash

How did you add value to the deal?

No brainer

What was the outcome?

Great investment

Lessons learned? Challenges?

Time is very important
finding the right contractor

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

yes