Purchased my first investment property!

[Sarah Jordan]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $238,000
Cash invested: $26,000

It's a single family home in Clarksville - we are currently furnishing & painting to prepare it for Airb&b publishing.

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

I found this deal on a subto Facebook group from a wholesaler

How did you finance this deal?

I took money from my 401k

Lessons learned? Challenges?

Currently learning the lessons - broken/missing blinds, flooring that needs to be fixed, there is a hole in the bathroom door. Nothing major - just cosmetic