Our second real estate investment

[Eli Todich]

Investment Info:

Single-family residence buy & hold investment in Harahan.

Purchase price: $250,000
Cash invested: $15,000

Larger home we purchased after having children. Job required us to move to another state, so this house was turned into a long term rental.

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

We were planning on living in this house longer, but job requirements made us move out of state.

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

Through our real estate agent

How did you finance this deal?

VA loan

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

Yes, our friend, who is a real estate agent found this house, and currently manages it and another rental property.