Fortunate to ride the appreciation wave...

[Rob Klotz]

Investment Info:

Single-family residence buy & hold investment in Jackson.

Purchase price: $180,000
Cash invested: $6,000
Sale price: $260,000

2 beds
1.5 baths
915 sq ft

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

Good investment.

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

Searched MLS and talked with a lot of realtors.

How did you finance this deal?

FHA Loan...3.5% down payment.

How did you add value to the deal?

N/A

What was the outcome?

Made over $90k in 36 months.

Lessons learned? Challenges?

make sure to have a cushion in your savings if the HOA fee doubles.

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

Local Agent was great!