Buy - Fix - Hold!

[Lisa Cunningham]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $36,000
Cash invested: $15,000

Bought at auction in Portland, Maine. Had a good foundation, roof needed some repairs. Painted exterior new color. Gutted out the entire inside and remodeled to ‘cottage modern’ style. Furnished and added to the AirBnB circuit for 1 year. Have since converted into a long term lease. Love the change!

How did you finance this deal?

As a Private Money Lender, I had the resources available to broker a short term loan to buy, fix and hold.

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

Private money Broker : Acquire REI Capital, LLC