Short term hold

[Anaim Murcia]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $30,000
Cash invested: $8,000
Sale price: $158,000

2 year Hold, hardly put anything to actually re-sell to a flipper.

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

Rent and then sell

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

Pre-forclosure

How did you finance this deal?

Cash

How did you add value to the deal?

5x my investment

What was the outcome?

Multiplied the Investment By a lot!

Lessons learned? Challenges?

When you grow, start to pivit.

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

None, only to sell.