Primary Residence, single family purchase

[Charles Long]

Investment Info:

Single-family residence other investment in Boerne.

Purchase price: $360,000
Cash invested: $20,000

This property was purchased as a primary residence. Property was purchased under market value. Exit strategy is to hold for 2-3 years, take advantage of the appreciation, then sell to move up to client's dream-home for retirement. Looks good for about a $90,000 profit with just lipstick upgrades based on comps.

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

I worked on this deal in the capacity of buyer's agent.