Rental property with negative cash flow.

[Janette Barnachie]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $125,000
Cash invested: $15,000

Rental property receiving negative cash flow. -400/month.

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

Needed to provide son housing.

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

MLS, used a realtor to negotiate.

How did you finance this deal?

Conventional Loan with 3% down.

How did you add value to the deal?

Appliances and replaced fencing.

What was the outcome?

negative cash flow due to HOA and rent going down.

Lessons learned? Challenges?

Need more margin in possible rental income.

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

Yes.