Updated almost 2 years ago on .
New construction that actually cashflows
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $341,505
Cash invested: $30,000
Bought a new construction home and have a tenant moving in day 1 to cash flow 20% CoC ROI.
What made you interested in investing in this type of deal?
tenant day 1
How did you find this deal and how did you negotiate it?
Found the tenant first, property 2nd.
How did you finance this deal?
commercial loan 5/20 at 8%
How did you add value to the deal?
tenant day 1 on a lease with option to buy
What was the outcome?
ongoing....
