SFH in Duke City

[John F. Estrada]

Investment Info:

Single-family residence buy & hold investment.

Decided to pull the trigger finally in RE investing, taking advantage of interest rates and some on hand cash. Identified ABQ as a target due to affordability, city potential, industries (military, medical and film/TV). Worked with an agent via a referral and landed this centrally located home that comes with a 1BR/1BA casita in the back. Practically turnkey upon close. Upgraded electrical, gas piping, and rehabbed the casita.

How did you finance this deal?

Mortgage + 20% down