Single Family Buy and Hold in Auburn

[Keith Perry]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $348,000
Cash invested: $18,700

Bought our first home as a live-in rehab with potential to rent out or sell depending on our next purchase.

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

We needed a place to live and saw that we could add value to this property while occupying.

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

Online, worked with a local realtor

How did you finance this deal?

Conventional Loan

How did you add value to the deal?

Converted a 3 bed 1 bath to a 4 bed 2 bath.

What was the outcome?

TBD

Lessons learned? Challenges?

Tiling a shower looks really easy on YouTube.

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

Brian Zufelt. Will be working with him again.