First closing for new business

[Levi Crawford]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $85,000
Cash invested: $9,000

**First purchase for the business**
3bed/1bath rents for $900

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

New businesses moving in to this small town.

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

Trulia

How did you finance this deal?

Commercial loan

How did you add value to the deal?

Cash back at closing.

What was the outcome?

Rented for $900 cash flowing $347 per month