The first deal, it’s a jungle!

[David Irving]

Investment Info:

Single-family residence buy & hold investment in Lindsay.

Purchase price: $8,000

My first deal,a nice little gem. After a long year of study and preparation the time has come. Let the rehab games begin.

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

Met my major criteria.

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

Good old Craigslist. Relentless sifting for months.

How did you finance this deal?

Cash

How did you add value to the deal?

Sweat

What was the outcome?

In process

Lessons learned? Challenges?

TBD

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

No

Day 1 after closing. The kids are unclear why Dad and Mom would want to buy such an ugly house. They said that people will think we are weird. I replied “yes kids they certainly will”!

After three days of front yard clean up.