Buy and hold primary, full renovation

[Ty Keller]

Investment Info:

Single-family residence other investment.

Purchase price: $450,000
Cash invested: $45,000
Sale price: $631,000

Primary, full renovation and basement finish.

How did you finance this deal?

Portfolio Financing through local bank.

How did you add value to the deal?

Sweat equity and full renovation on my own.

What was the outcome?

Sold property with over $140k in net profit. Lived in property longer than 2 years.