First deal down. Upwards and onwards.

[Mike Descoteau]

Investment Info:

Single-family residence buy & hold investment.

The biggest hurdle in investing, from what I've learned, is to get the first one done. We'll, here it is. The first, but certainly not the last.

How did you finance this deal?

FHA loan

How did you add value to the deal?

Lived in it for 2.5 years while slowly fixing up the house and property.

What was the outcome?

$350 monthly cash flow