First Deal SFH

[Charlotte Dunford]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $178,500
Sale price: $221,200

Right out of college, I bought this SFH with bank financing using my salary.

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

Found this deal on MLS with a real estate agent from my college alumni network. Negotiated from $230k seller's asking price to $178.5k purchase price, a $51,500 discount.

How did you finance this deal?

Bank financing with Wells Fargo.

How did you add value to the deal?

Crawl space upgrades. In-law Suite upgrades.