Buy & hold single family Jackson, MS
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $35,000
Cash invested: $12,000
3bed 2 bath single family home in south Jackson
What made you interested in investing in this type of deal?
cash flow
How did you find this deal and how did you negotiate it?
investor I work with offered to sell
How did you finance this deal?
commercial loan
How did you add value to the deal?
light rehab, new HVAC,
What was the outcome?
$350 monthly cah flow & Section 8 long term tenant
Lessons learned? Challenges?
local expertise is key
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
owner agent