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Updated about 6 years ago,
Getting started: My first real estate investment!
Investment Info:
Single-family residence buy & hold investment in Aurora.
Single-family residence: a 3 beds/3 baths townhouse in a nice area in Aurora, CO 80115.
What made you interested in investing in this type of deal?
1. Was eager to start with RE
2. The property was listed for over 2,5 months, so I was able to buy it 7% below market value
3. Property is in good shape (no repair cost) and good location, so it was easy to rent it out
How did you finance this deal?
30 years fixed mortgage
What was the outcome?
Rented out the property quickly, signed 3 years lease with tenants.