Buy & hold single family Jackson, MS

[Vic Valera]

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