First Primary Residence converted to Rental

[Arjun Prakash]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $325,000
Cash invested: $150,000

This was our first primary home and was converted to rental after living in it for 10 years.

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

This was our first primary residence

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

This was purchased in 2011 when it was the buyers market. We were able to negotiate as a buyer and closed on the house.