Two 1 bedroom apartments in Georgia

[Adrian Mahdian]

Investment Info:

Condo buy & hold investment.

Purchase price: $103,000
Cash invested: $34,000

26% Cash on Cash return with a healthy 12 months rental.
Got 2 loans in 1 bundle loan for two 40m2 condos.

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

Good ROI and cashflow

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

Online via the websites and negotiated via phone

How did you finance this deal?

Bank 70% finance

How did you add value to the deal?

Small renovations such as paint and decoration and cosmetic upgrades

What was the outcome?

Rented for 12 months very fast and for a good price