Building and Buying Slowly

[Jason Varga]

Investment Info:

Condo buy & hold investment.

Purchase price: $307,000
Cash invested: $77,000

Nice condo with beautiful wood ceiling and a 22 sqm deck in the heart of Philadelphia!

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

It was an emotional purchase.

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

Found through my broker.

How did you finance this deal?

Conventional

How did you add value to the deal?

Updated the deck

What was the outcome?

Increased rent

Lessons learned? Challenges?

Don't buy on emotion.

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

Kasandra Lenker