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Updated over 2 years ago,
Investment property - rental Income
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $91,000
Cash invested: $8,000
SFR rental Income. Property needed very little cleanup and new carpet and paint
What made you interested in investing in this type of deal?
Good price with low repair cost
How did you find this deal and how did you negotiate it?
found through propstream
How did you finance this deal?
Lendinghome - hard money loan
How did you add value to the deal?
New carpet, paint, clean up yard
What was the outcome?
Good rental investment
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
I am a Realtor and connected with another Realtor where property was purchased, who assisted me with the home inspection and everything needed to close the deal.