Starting with Condo seems to be working.

[Jeremy Ryan Smith]

Investment Info:

Single-family residence buy & hold investment in Beltsville.

Purchase price: $75,000
Cash invested: $75,000

Comps are about 145k in that area for the same unit. 1k per month profit for rent. On a 2 year agreement.

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

Long term buy and hold where I could get instant equity and refinance or HELOC to have capital for more deals.

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

A realtor that is a friend of the family.

How did you finance this deal?

Cash

How did you add value to the deal?

Only replaced the washer.

What was the outcome?

So far so good. In 6 years the rent will pay back the mb overall investment.

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

Alfredo Duque