First condo home in a nice neighborhood of Boston

[Bella Butler]

Investment Info:

Single-family residence buy & hold investment.

The real first residence that we enjoy living in

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

Great location and well-down gut-out job. A competitive residential market where there is always people who want to move in.

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

MLS, all -cash, closing within 30-days, no contingency.

How did you finance this deal?

HELOC+ savings + investment returns from other assets

Lessons learned? Challenges?

The challenge was we all knew that the offer should be over the asking price but how much over was a very tricky thing. We dived in all the local market data of the past 10 months and came up with a number that made us both comfortable and confident to win the deal.

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

Myself, the realtor