First investment property

[Danilo Moreno]

Investment Info:

Single-family residence buy & hold investment in Pflugerville.

Purchase price: $285,000
Cash invested: $57,000

Turnkey deal

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

It was my wife's and I's first investment property. We had no experience investing in real estate, so we wanted to invest in something that didn't require as much of our time and while we spend most of out times at our regular jobs.

How did you finance this deal?

Conventional financing