Lubbock Rental, Single Family home, First Rental

[Mandy Whittle]

Investment Info:

Single-family residence buy & hold investment.

Single family rental. 3-2

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

Daughter is going to Tech. Cheaper than renting.

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

Local realtor - on MLS

How did you finance this deal?

FHA with daughter's name; got great financing and low interest rate

Lessons learned? Challenges?

Would have bought off market, but needed turn key rental because of time crunch

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

Worked with a great realtor. Hope to work with him again