Second investment in the ETX area

[Josue Soria]

Investment Info:

Single-family residence buy & hold investment in Gainesville.

Purchase price: $220,000
Cash invested: $7

Single family home positive cash flow

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

Buy hold investor, it’s a new build interest rates were at a all time low

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

New build so not much negotiating

How did you finance this deal?

FHA turned into conventional

How did you add value to the deal?

No value add

What was the outcome?

Income, and solid foundation for future investments

Lessons learned? Challenges?

Can’t let go of good tenants

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

Lenders Allison crews is knowledgeable