Short Term Buy & Hold

[Henry Dahm]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $500,000
Cash invested: $60,000

STR in the smokies

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

Loved the idea of having a cabin my family could use. Wanted higher ROI with less money down.

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

Off market from realtor

How did you finance this deal?

10% vacation home loan

How did you add value to the deal?

Slight redecorating, paint, replacing dated things

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

Emily Floyd