Getting the ball rolling

[Eric Kenon]

Investment Info:

Single-family residence buy & hold investment in Brooklyn.

Purchase price: $17,200
Cash invested: $25,000

2bed, 2bath, Row Townhouse

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

It was a great way to get started for sub 30K.

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

On the MLS

How did you finance this deal?

401k loan

Lessons learned? Challenges?

A major challenge I had was finding reliable contractors that was willing to do what they say they were going to do in the timeframe that was set in the contract