Bought, rehab, holding

[Account Closed]

Investment Info:

Single-family residence buy & hold investment in Newport News.

Purchase price: $145,000

Cash invested: $50,000

Good solid home, needed a bit of work, added 1 bathroom & mud room

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

Price & area, great school district, big lot

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

Contractor/Friend

How did you finance this deal?

Cash

What was the outcome?

Just as I expected - House turned out perfect, I have great General & Sub Contractors

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

Agent