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Updated about 6 years ago,
First time investor.... Can't wait to do more
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $80,000
Cash invested: $88,000
Rental property
What made you interested in investing in this type of deal?
Solid home... new roof, plumbing... add existing tenant
How did you find this deal and how did you negotiate it?
Zillow offered 10,000 than list... agreed
How did you finance this deal?
Cash deal... will refinance soon
What was the outcome?
Solid home.. needs new kitchen. Tenant is moving
Lessons learned? Challenges?
Sellers lie
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
No