My first investment property.

[Shanna Bullock]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $95,000
Cash invested: $12,000

This home was once a primary residence that I moved out of and did a rehab.

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

I had originally purchased the property back in 2009 so by the time I moved out I had a lot of equity in the house. I wanted to begin to own properties that were an asset.

How did you finance this deal?

I'm a veteran so it's financed through a VA loan

How did you add value to the deal?

I had a new roof put on along with aluminum siding and window frames. There were two large trees on the property that I had removed. Painted the lower half of the home (Brick). Bought a new front door (Red). Painted the inside throughout.