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Updated about 2 years ago,
First long term
Investment Info:
Townhouse buy & hold investment.
Purchase price: $255,000
Cash invested: $48,000
First property brought to me by another investor in the area
What made you interested in investing in this type of deal?
It is not a home run but a good start
How did you find this deal and how did you negotiate it?
It is not a home run but a good start another investor brought it to me initial price was 290 offered 250 they said no waited a week and then countered at 255
How did you finance this deal?
Saved up funds
How did you add value to the deal?
I don’t plan to right now it is ready to go
What was the outcome?
Monthly cash flow