300 Avoca House

[Martin Reinke]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $2,500
Cash invested: $5,000

Single family House (2 stories), 3 bedrooms, 1 bath.
1100 sq ft. on Corner Lot
Single car garage with 16' x 24' lean too.

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

Price

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

Conversation in local Bar, say I would pay all CASH

How did you finance this deal?

CASH

How did you add value to the deal?

CASH

What was the outcome?

Purchased with all Cash, title transferred into my name in 6 days

Lessons learned? Challenges?

City Hall want to keep small town small, does nothing to promote town

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

NO