Alliance Ranch Condo

[Eric Stalter]

Investment Info:

Condo buy & hold investment.

Purchase price: $95,500
Cash invested: $17,000

Purchased ranch condo that needed cosmetic work with some needed upgrades. Updated electrical panel, new water heater, reconfigured kitchen with new doors/drawers, new countertops, new sinks, new plumbing fixtures, new appliances(seller provided), new flooring, new interior doors, new vanity, detached single car garage, new garage door opener, and newer heat pump.

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

To help aged relatives in affordable housing search.

How did you finance this deal?

Conventional loan.