Commercial property in need of complete renovation

[Georgeanna Tracey Newmones]

Investment Info:

Other commercial investment investment.

Purchase price: $49,000
Cash invested: $15,000

Commercial condominium

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

The property had seller financing and was in a great neighborhood

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

Licensed Real Estate Agent

How did you finance this deal?

Owner financing

How did you add value to the deal?

Renovated

What was the outcome?

Great commercial space in a great location

Lessons learned? Challenges?

This was an amazing opportunity, and there was nothing I would have done differently