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Updated over 2 years ago on . Most recent reply

User Stats

14
Posts
12
Votes
Jason Hamilton
  • Investor
  • South Bend
12
Votes |
14
Posts

SF Rental 1/4 mile from large university

Jason Hamilton
  • Investor
  • South Bend
Posted

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $165,000
Cash invested: $10,000

Purchased as a 3/1.5 and turned in to a 3/2

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

Owned the property behind it and was able to buy off market

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

Owner called me, knowing I was an investor

How did you finance this deal?

Traditional

How did you add value to the deal?

Added second bathroom

What was the outcome?

Rents at $1575

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