Buy and Hold Great Location and Lease

[Brett Young]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $81,000
Cash invested: $24,100
Sale price: $1,250

Leased the home for $1250 a month worth $135,000

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

1% and the area growing in equity solid B area

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

Realtor

How did you finance this deal?

Cash

How did you add value to the deal?

Yes updated the home $24,000 including a new roof

What was the outcome?

leased in 3 days and cash flowing

Lessons learned? Challenges?

N/A

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

Brett Young