Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 2 days ago on . Most recent reply

User Stats

2
Posts
1
Votes
Julia Newman
  • New to Real Estate
  • DFW
1
Votes |
2
Posts

Buy and Hold for parents

Julia Newman
  • New to Real Estate
  • DFW
Posted

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $145,000
Cash invested: $10,000
Sale price: $230,000

Purchased as a place for my parents to live. Appreciated greatly in short amount of time. This is what got me interested in property investments.

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

Purchased off market from family of a friend

How did you finance this deal?

conventional loan

How did you add value to the deal?

New carpet, new paint, new landscaping

What was the outcome?

Listed on market. Had an offer in 2 weeks

Lessons learned? Challenges?

This was an accidental introduction into the world of investing and also my first home purchase and sell.

Loading replies...