SFR double in 6 years

[Terri Lowe]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $240,000
Sale price: $550,000

purchased walking distance to beach and close to downtown lake worth. I didn't do much aside from updating AC and Pool equipment.
Home just appreciated nicely which i think goes for most beach town properties in Florida

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

the property location walking distance to beach had a pool and was a corner lot

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

found on real estate site no negotiation purchased as is

How did you finance this deal?

FHA 3.5% down
owners paid closing cost