1st property condo

[Diego Renteria]

Investment Info:

Condo buy & hold investment.

Purchase price: $271,000

this is the first property I bought, I put 0% down on this, it cashflows me about $350 a month. this property was a good investment, and I think I got lucky. my real estate agent found this for me as it wasn't being sold on market. truly a gem.

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

I was looking for something cheap, but nice at the same time. my real estate agent pulled through and found this property being sold off market.

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

my agent found it for me, i did not negotiate as i thought i was already getting a great deal.

How did you finance this deal?

I financed it with my VA loan

How did you add value to the deal?

I did not

What was the outcome?

this property is a great investment, cashflows about $350 a month

Lessons learned? Challenges?

I was really picky on choosing my first property, I was looking for cheap but nice and after waiting a couple of months and going to many open houses, i finally found this gem, I think I need to be pickier with my properties, so they can turn put Luke this one and cash flow.

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

Danelle Regan