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Updated over 2 years ago,
2nd Buy and Hold Property
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $112,000
Cash invested: $20,000
Small cash-flowing single-family home.
What made you interested in investing in this type of deal?
Cash flow.
How did you find this deal and how did you negotiate it?
MLS. Through an agent.
How did you finance this deal?
Traditional bank financing.
How did you add value to the deal?
I increased rents.
What was the outcome?
Successfully holding.