Latest rental - on MLS with private lender

[Scot Howat]

Investment Info:

Single-family residence buy & hold investment in Lisle.

Purchase price: $71,000
Cash invested: $1

Private funding at 100%, bought at a 10% discount, and signed a long term lease with a highly qualified tenant.

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

This was on the MLS.

How did you finance this deal?

Private funding, with 100% funding.

How did you add value to the deal?

Paid "cash". No rehab needed, just needed cleaning.