Long Term Rental

[Drake Abshire]

Investment Info:

Single-family residence note investment investment.

Purchase price: $165,000
Cash invested: $10,000

This is a 3 bed 2 bath home and came with great tenants already in lease.

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

Long term investments

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

I found it thru an agent who was looking to dump it from her real estate portfolio. I negotiated the deal below market value cause it was having foundation issues.

How did you finance this deal?

Commercial loan

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

I represented myself