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Updated about 2 years ago,

User Stats

13
Posts
2
Votes
Brandon DiOrio
Pro Member
  • Rental Property Investor
  • Hanover, MN
2
Votes |
13
Posts

First long term

Brandon DiOrio
Pro Member
  • Rental Property Investor
  • Hanover, MN
Posted

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