Ocala Florida 2017 single family investment

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Investment Info:

Single-family residence buy & hold investment in Ocala.

Purchase price: $55,000

Purchaed home in ocala currently rented for good amount

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

I was interested and still am interested in Ocala, and the areas between Tampa and Orlando

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

Through a local agent in Ocala, we quickly came to agreement with owner for cash offer

How did you finance this deal?

Cash

What was the outcome?

Very solid investment

Lessons learned? Challenges?

When you are offering cash deal, make sure you offer lower than you typically would for a conventional offer, I bring this learning with me in the future