1105 Jefferson Place

[Alexander Smith]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $50,000
Cash invested: $25,000

I purchased this property from the Atlantic County Sheriffs sale

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

Price

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

Atlantic County Sherrifs sale

How did you finance this deal?

Cash purchase

How did you add value to the deal?

Paint, flooring, windows etc

What was the outcome?

Monthly renter

Lessons learned? Challenges?

Sheriffs sale is a good way to buy properties under market value

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

No