Vacation Rental in Oakhurst, CA

[Judy Wensloff]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $280,000
Cash invested: $40,000

3/2 in prime location with a finished basement

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

I saw others making great money and I wanted in.

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

I'm an agent and saw it pop up and jumped on it.

How did you finance this deal?

conventional

How did you add value to the deal?

Cosmetic paint and decor.

What was the outcome?

Still have it, we have $240 k equity, and generating $2900/mo cash flow.

Lessons learned? Challenges?

I can do this.

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

I'm an agent...