Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 2 years ago,

User Stats

89
Posts
92
Votes
Walter Jones
Agent
  • Real Estate Agent
  • Memphis, TN
92
Votes |
89
Posts

Off Market Single Family Home

Walter Jones
Agent
  • Real Estate Agent
  • Memphis, TN
Posted

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $160,000
Cash invested: $30,000

Off market tenant occupied SFH purchase

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

35K under market value with a long term tenant

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

Marketing letter

How did you finance this deal?

Local bank financing

How did you add value to the deal?

House was covered in ivy and very overgrown yard. Will do some exterior painting and trim work in the spring

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

No

business profile image
Walter Jones
5.0 stars
18 Reviews