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Updated over 2 years ago,

User Stats

3
Posts
1
Votes
Marcus Sensenig
  • Real Estate Agent
  • Lancaster PA
1
Votes |
3
Posts

Buy and hold long term rental property

Marcus Sensenig
  • Real Estate Agent
  • Lancaster PA
Posted

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $58,000
Cash invested: $18,000

Single family home held as a long-term rental and managed by MidSouth Properties.

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

It is very close to passive income since I do not manage it and have never seen the property.

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

I signed up as an investor with MidSouth.

How did you finance this deal?

25% down financing

How did you add value to the deal?

none

What was the outcome?

stable cash flow