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Updated 12 months ago on .

User Stats

126
Posts
111
Votes
Adam Zach
  • Rental Property Investor
  • Fargo, ND
111
Votes |
126
Posts

New construction that actually cashflows

Adam Zach
  • Rental Property Investor
  • Fargo, ND
Posted

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....