How much is too much?

[Jesse Dominguez-Castelan]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $82,000
Cash invested: $16,000

Single family, two story home. 4/2.

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

This was an off-market property. The seller and I ended up agree to seller finance terms.

How did you finance this deal?

Seller financed as of now, will need to refinance out of it

How did you add value to the deal?

So far, I've replaced the roof and siding, and painted the interior.

Lessons learned? Challenges?

I don't know how much more I should plan on fixing or investing into it. For example, electrical is original from 1960, there is no central AC - heating it through baseboard heaters