Out of state investments, Orangeburg,SC

[Adriese Williams]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $74,000
Cash invested: $14,000

4 beds, 3 baths single family, I will rehab and turn into student housing. Located in a small town in South Carolina with 2 universities. Used Hard money and some private money to help with rehab.

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

Already own 1 rental in town, college town, interested in student housing

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

MLS, made offer

How did you finance this deal?

Hard money and some private money

How did you add value to the deal?

renovating, updating floors, exterior, paint, windows and doors

What was the outcome?

Just starting the renovation 1/23

Lessons learned? Challenges?

will update

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

Kiavi hard money