Updated about 4 years ago on . Most recent reply
Downtown NW Arkansas Charmer
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $270,000
Cash invested: $54,000
Cash flow: $400
Purchased off market and under market value.
What made you interested in investing in this type of deal?
This was a great property that I couldn't pass up.
How did you find this deal and how did you negotiate it?
Found this property off market and worked with seller to negotiate deal.
How did you finance this deal?
Through one of our HELOCs.
How did you add value to the deal?
Rehabbed bathroom and a bedroom.
What was the outcome?
GORGEOUS! The value of the property has reached nearly $50K in equity.
Lessons learned? Challenges?
Speak up.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Work with local bank, Arvest.
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#1 New Member Introductions Contributor
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#1 New Member Introductions Contributor
- Solo 401k Expert
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Congratulations on this investment @Ashley Carr-Lewis !