Buy & Hold Long Term Rental

[Terevarevahaunui Jacobson]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $140,000
Cash invested: $40,000

2/1 Buy and Hold in Indianapolis worth $260k today.

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

good market

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

lead came from networking

How did you finance this deal?

Hard money loan and private money loan

How did you add value to the deal?

renovations

What was the outcome?

refinanced with $10k cash out

Lessons learned? Challenges?

check/confirm b/b count

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

none