An Affordable Paradise

[Vitalii Lunko]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $469,100
Cash invested: $40,000

Propery with potential to convert 3/2 to 4/2
Good area for appreciation and cashflow.
This property going to cost double in 10 years.

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

tourist area and the best schools

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

Zillow, Buyer credit

How did you finance this deal?

convcentinal mortgage

How did you add value to the deal?

Converted 3/2 to 4/2
Hot tub, gazebo etc

What was the outcome?

Ongoing

Lessons learned? Challenges?

Need to do inspection after house is empty. For-sale staging usually conceal something

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

Yes, no