First buy and hold

[Adam Woodward]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $265,000
Cash invested: $40,000

3/2 1728sqft
Lake access

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

I like to look at all "deals"

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

MLS watched and run numbers, and shot from the hip

How did you finance this deal?

Conventional, after two hard money people fell through

How did you add value to the deal?

Added a renter, so far

Lessons learned? Challenges?

Understand what's in the deed before closing.