First investment I made

[Terrance Coleman]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $101,000
Cash invested: $120,000

This is my first investment property and I’m hoping it goes well

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

This is my first investment property and I hope it goes well

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

I found it on auction.com and I just bid on it

How did you add value to the deal?

I haven’t started adding value to the deal yet

What was the outcome?

Still in progress

Lessons learned? Challenges?

None yet