Single Family Rental House in Louisville

[Jordan Moorhead]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $95,000
Cash invested: $15,000

Another SFH we picked up off of the MLS. On this one we paid our agents commission so the listing agent would get the full commission.

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

We love houses!

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

Off the MLS and with our agent. We initially offered and lost but it came back on and they took our initial offer.

How did you finance this deal?

Private lender

How did you add value to the deal?

Small Interior rehab

What was the outcome?

We're holding it.

Lessons learned? Challenges?

Stick to your guns and don't pay more just to get it!