St. Louis - First Conventional Purchase

[Kevin Perez]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $56,000

This was a nicely situated 4 bed room that i was able to find at 55,000 was able to offer in at 54,000 but had roof and windows that needed to be replaced so owner said if he repairs if i can come in at 56,000

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

How low the purchase price was and how it was a cashflowing asset from day 1