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Updated over 1 year ago,
Sugar House Buy and Hold (Salt Lake City)
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $480,000
Cash invested: $120,000
On market SFH located in a great area. We did a major renovation and turned it into a rental.
Lessons learned? Challenges?
We were eaten alive by our hard money loan, we should have moved a lot faster right from the start with a commercial lender.