417 Herman St

[Aaron W Eley]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $70,000
Cash invested: $37,668

Rehabilitated AirBNB

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

Cashflow

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

MLS Listing. Spouse is a real estate agent.

How did you finance this deal?

HELOC

How did you add value to the deal?

Rehabilitation

What was the outcome?

Completely renovated

Lessons learned? Challenges?

Don't DIY. Leverage the skills of others to expedite. Look for better deals to provide latitude to deal with unforeseen issues.

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

JPE Remodeling
Aleta H Eley, Realtor