Successful Investing Experience

[Canute Birch]

Investment Info:

Townhouse buy & hold investment in Waterman.

New construction 4-Plex luxury townhomes in a townhome complex

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

It wansreasonably priced to achieve my cash flow objective.

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

I contacted the listing realtor and negioted through him with the seller/developer.

How did you finance this deal?

Conventional loan

How did you add value to the deal?

It was a new construction, so nothing was necessary.

What was the outcome?

Great property, good rent rates.

Lessons learned? Challenges?

Don’t believe everything the listing agent says about the asset. Be proactive in looking out for your interest before closing.

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

I am a realtor and was the buyer agent.