Single family in Carmel, IN - Purchased, Repaired, Rented, Sold

[Guisselle Martinez]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $220,000
Cash invested: $60,000
Sale price: $290,000

We kept the property as a rental for about a year. My mother in law helped us with the money, unfortunately she wanted to sell it before making money.

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

I lived in Los Angeles, CA. I'm currently living in Carmel, In. There is just so much potential here.