Single Family Fix and Rent

[John Hodge]

Investment Info:

Single-family residence buy & hold investment in Minneapolis.

Purchase price: $134,000
Cash invested: $7,000
Sale price: $225,000

House hacked so I didn't have to pay gains when I sold.

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

Great add value property.

How did you finance this deal?

Insured Conventional

How did you add value to the deal?

Remodeled kitchen, bath, opened up load bearing wall, added new plumbing and electric, water softener, landscaping.

What was the outcome?

After 6 months of Adding value