North Riverside Investment!

[Pablo Chusan]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $225,000
Cash invested: $30,000

Cute brick house with lots of potential! Got it as an estate sale and all the work has been coming along well!

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

Love the area and the price was perfect for immediate equity and some sweat equity!

How did you find this deal and how did you negotiate it?

Found it through MLS and worked with an agent

How did you finance this deal?

Bank conventional loan

How did you add value to the deal?

Updating entire house and adding a bathroom/finishing basement!

What was the outcome?

Still working on it!

Lessons learned? Challenges?

Pull permits very early, dealing with some jurisdictions Can be challenging.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Loan officer was great! Nick Johnson kills it!