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Updated over 1 year ago,

User Stats

54
Posts
12
Votes
Anaim Murcia
  • Specialist
  • Port Richey
12
Votes |
54
Posts

Buy and Hold

Anaim Murcia
  • Specialist
  • Port Richey
Posted

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $215,000
Cash invested: $70,000

Bought the property to Rent , Current Value is over 400k.
100k in just equity.

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

The type of House and Location

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

About 2 months

How did you finance this deal?

Hard Money, then Refinance.

How did you add value to the deal?

Fixing up, Up to date

What was the outcome?

Fabulous House, its probably one of the best ones I have done.

Lessons learned? Challenges?

Pivit, time is more valuable than anything

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

None.

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