First Single Family Home Investment 2014

[Jennifer McPherson]

Investment Info:

Single-family residence buy & hold investment in Erie.

Purchase price: $359,000
Cash invested: $10,000

Originally purchased as the home we lived in. Stayed for 2 years then purchased another home in Mead and now currently live in this home and rent out the one in Erie.

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

We saw the Front Range market accelerate and we wanted to take advantage of the rapidly growing equity in the area.