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Updated over 1 year ago,
Rental Property in Philadelphia
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $125,000
Cash invested: $60,000
Port Richmond are of Philadelphia. 2bedroom, 1 and half bath, finished basement.
What made you interested in investing in this type of deal?
Building real estate portfolio with strong investments.
How did you find this deal and how did you negotiate it?
Working with real estate agent.
How did you finance this deal?
Sold property to buy a property.
How did you add value to the deal?
Full renovation.
What was the outcome?
Great investment property with stable tenants.
Lessons learned? Challenges?
If it was easy everyone would do it.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Honest Realty