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Updated over 2 years ago,
Investment property Atlanta Metro area
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $310,000
Cash invested: $66,000
Single family home with Terrace apartment. Trying to make necessary rehab/improvement changes in order to rent.
How did you finance this deal?
DSCR loan
How did you add value to the deal?
Presently remodeling 2 of 4 bathrooms
What was the outcome?
Still working on it
Lessons learned? Challenges?
Financing the remodel and replacement of HVAC, appliances, cabinets.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Definitely would NOT recommend the realtor - I felt she was working AGAINST me. I would absolutely recommend my lender. Her name is Kendra.