Our comfortable short term

[Michael DeWitt]

Investment Info:

Single-family residence buy & hold investment in Silver Spring.

Purchase price: $475,000
Cash invested: $100,000

Are second investment and are first short term rental. We picked up the house form a flipper who upgraded the interior, kitchen, bathrooms, upgraded the basement and plumbing. We upgraded the the have, water heater, and electrical. My wife and are interior decorator. Furnished and decorated the interior and the patio.

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

Good up and coming are. Close to downtown Denver, airport and family friendly areas.

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

MLS and my realtor Dan Guenther

How did you finance this deal?

10% down Conventional loan.