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Updated about 6 years ago on . Most recent reply
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Buy and hold property as part of a Portfolio.
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $43,000
Cash invested: $10,800
Bought under market because prior owner wanted out and was sick of rentals.
What made you interested in investing in this type of deal?
Neighborhood was turning around.
How did you find this deal and how did you negotiate it?
MLS
How did you finance this deal?
Conventional
How did you add value to the deal?
Light clean up.
What was the outcome?
Still cash flowing!
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