One down many more to go!

[Micah Watson]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $44,500
Cash invested: $3,000

Purchased as our first home with minor fixing up to do. Converted into rental property in 2018

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

Found on MLS when the market was slowly beginning to climb in my area.

How did you finance this deal?

Zero down. Rural Development Loan.

How did you add value to the deal?

Landscaping and patio work, updated interior walls and redid Dining room ceiling. Added built-inns for maximizing character and functionality.

Lessons learned? Challenges?

Hard to loose in a rising market