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Updated about 3 years ago on . Most recent reply

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Alex Milbert
  • Investor
  • Huntsville, AL
0
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1
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SFH Investment found from internal network.

Alex Milbert
  • Investor
  • Huntsville, AL
Posted

Investment Info:

Single-family residence buy & hold investment.

SFH Fix and hold that was found off-market through Huntsville network.

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

I had let my network know for a while that I was interested in off-market properties in order to avoid a bidding war and would provide cash and expedite the closing process if any leads showed up. Sure enough, I finally had someone reach out and we were able to close the deal. After acquiring the home, updated cosmetics to make it shine and help the rental value. Have a renter covering the mortgage and then some while the market continues to help the property value grow.

How did you add value to the deal?

I was able to assure the sellers that we could close quickly and avoid lengthy inspections + appraisals.

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