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Updated about 3 years ago,
Our first investment property!
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $130,000
Cash invested: $10,000
About to close on our first rental property in Moore, OK!
What made you interested in investing in this type of deal?
My partner and I have been educating ourselves, waiting on the right deal for us!
How did you find this deal and how did you negotiate it?
Family friend
How did you finance this deal?
Conventional funding
How did you add value to the deal?
Cosmetic updates to interior and exterior.
What was the outcome?
Lots of waiting on probate issues. But happy with the outcome!!