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Updated almost 2 years ago on . Most recent reply

User Stats

4
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0
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Asher Carr
  • Specialist
  • Bethesda, MD
0
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4
Posts

First Investment Deal

Asher Carr
  • Specialist
  • Bethesda, MD
Posted

Investment Info:

Single-family residence buy & hold investment in Randolph.

Purchase price: $350,000
Cash invested: $10

This deal was secured through seller finance with a family friend. I found a family to rent out the property to under a lease-option agreement for a year. Unfortunately, the tenant stop paying rent after 3 months and had to get evicted.

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