Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 2 years ago,

User Stats

2
Posts
4
Votes
Sarah Roy
Agent
  • Real Estate Agent
  • Spokane, WA
4
Votes |
2
Posts

First Investment Property!

Sarah Roy
Agent
  • Real Estate Agent
  • Spokane, WA
Posted

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $255,000
Cash invested: $60,000

My husband and I just closed on a single family home in North Spokane!

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

My husband and I have been lookin for a rental house for a few months! We want to have a variety of long term and short term rentals.

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

We found this deal on the open market and offered a 22AD to beat out other offers.

How did you finance this deal?

Conventional loan with 20% down.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I am a Realtor myself so I was able to negotiate the deal for us! I love working with investors and would be happy to assist any other investors in purchasing their rentals!

  • Sarah Roy

Loading replies...