Buy & Hold#2

[Giancarlo Orozco]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $75,000

Beautiful single family home I bought via subject to the existing mortgage.

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

The existing PITI was really low, and I knew taking over that mortgage would result in cashflow.

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

I found it from a wholesaler, and negotiated the entry fee down to about 8k.

How did you finance this deal?

I financed the deal using a capital partner who brought all the funds to the table for me.

How did you add value to the deal?

We renovated it with light cosmetic work.

What was the outcome?

A cashflowing home!