House for sale lake front property

[Scott Underwood]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $52,000
Cash invested: $10,000
Sale price: $115,000

Bungalow

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

Curiosity

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

Sheriffs sale

How did you finance this deal?

Lender

How did you add value to the deal?

Fixer upper

What was the outcome?

For sale

Lessons learned? Challenges?

Still have property challenges to sell it

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

No