1/1 Condo Investment Property in Tamarac Florida

[Jayson A Davis]

Investment Info:

Condo buy & hold investment.

Purchase price: $72,000
Cash invested: $25,000

Cash purchase on foreclosure auction after researching in great detail.

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

Due diligence revealed that a purchase price of $137k or less could result in 19%+ ROI, $1k+ cash flow

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

Property was purchased via auction, after due diligence

How did you finance this deal?

All cash

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

My brokerage has tools and relationships designed to investigate/qualify deals, and engage accordingly.