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Updated 12 months ago on .
First time Home converted to Rental
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $390,000
Cash invested: $20,000
single family home located in a diverse and well developed area.
What made you interested in investing in this type of deal?
location
How did you find this deal and how did you negotiate it?
found through a realtor
How did you finance this deal?
cash
Lessons learned? Challenges?
high mortgage and need tenants
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
yes