First investment property

[Tyler Pfister]

Investment Info:

Condo buy & hold investment.

Purchase price: $208,000
Cash invested: $50,000

Our first investment property, we had a fantastic realtor and property manager.

How did you finance this deal?

Conventional 20% down 30 year fixed

Lessons learned? Challenges?

won't use a mortgage broker again. I'll go direct to lender. That was a mess.

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

Chris Najarro Real Estate Agent. Reflections Real Estate Property Manager.