SFH rental, seller financed. Held 7 years

[Brian Christensen]

Investment Info:

Single-family residence buy & hold investment in West Jordan.

Purchase price: $160,000
Cash invested: $10,000
Sale price: $250,000

Owner financed at 3.5%. Rented. Used Property Management (3 companies)

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

Owners were moving.

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

Relatives

How did you finance this deal?

Cash at closing.

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

No agents.