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Farmhouse Gut and Rehab
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $200,000
Cash invested: $65,000
Owner-financed purchase of home on 12 acres outside of Eugene, OR with long-abandoned 3 bed, 2 bath century farmhouse. Fully gutted and rehabbed home with minimal budget by doing our own work, finding used and salvaged materials and appliances. Property currently valued at over $600k and used as primary residence.