First Investment Property

[Lamar Patterson]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $79,500

This property was turned into an investment property after I moved out and bought another property with my now fiancé. I self-managed this property for the first year. Since then, I have hired a property management company.

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

I found this through my agent on the MLS

How did you finance this deal?

FHA

Lessons learned? Challenges?

Property management was a great experience but it took away time from me do other things.

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

Millicynt Horton - Real Estate Agent