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Updated over 1 year ago,
Right Time, Right Price, Right Location, and Great Tenants!
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $170,000
My clients bought this home to fix and hold. It needed mostly flooring and paint to get it rental ready! It has great placement on a main road, so it gets lots of visibility when a tenant is needed.
How did you find this deal and how did you negotiate it?
The home needed some updating, which allowed us to negotiate on the price and got it for almost $10K less than list.
How did you finance this deal?
Cash
How did you add value to the deal?
I was the REALTOR and help my clients find, evaluated and negotiate this deal.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Yes, I was the agent!