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Updated over 2 years ago,
First time home buyer, finishes basement and turns into cashflow
Investment Info:
Townhouse other investment.
Purchase price: $420,000
Cash invested: $15,000
Bought our first home and finished the basement. Because we moved our garage door to the stairwell, we dont have to share access with our house to the renters.
What made you interested in investing in this type of deal?
education
How did you find this deal and how did you negotiate it?
i am a realtor
How did you finance this deal?
fha
How did you add value to the deal?
being my own agent
What was the outcome?
low down, and higher yield
Lessons learned? Challenges?
buy more real estate
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Lennar was the builder and they did ok.