want to use paid house to find another use as colladeral

[Chris Eagan]

Investment Info:

Single-family residence buy & hold investment in Richardson.

Purchase price: $245,000
Cash invested: $245,000

small house

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

small house 1300 sq ft on a big corner lot totally remodeled

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

drive by and had a agent

How did you finance this deal?

cash

How did you add value to the deal?

didnt

What was the outcome?

rented right away 2 yr lease

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

yes