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Updated about 1 year ago,

User Stats

3
Posts
0
Votes
Michael Siers
  • Real Estate Broker
  • Outer Banks, NC
0
Votes |
3
Posts

Long term rental investment

Michael Siers
  • Real Estate Broker
  • Outer Banks, NC
Posted

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $256,000
Cash invested: $50,000

Purchased as long term investment. Single family 3 bedroom

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

long range investment return

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

Looked for a moderate three bedroom in going area

How did you finance this deal?

Conventional Loan

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

I put the deal together with help from Carrie Cubine at Towne Bank Mortgage