Single Family Rental

[Jordan Caruso]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $400,000

4 bedroom / 2 bath cape with a finished basement. One block from the elementary school and 3 blocks from the Long Island Railroad.

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

Price Point and opportunity

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

Off Market deal

How did you finance this deal?

Hard Money Lender

How did you add value to the deal?

Rehab the interior

What was the outcome?

Rented out the home in 3 weeks of purchase and the tenant waited until the renovations were completed to move in.

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

Yes, myself. I am licensed in New York.