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Updated almost 6 years ago,
First Investment Property
Investment Info:
Single-family residence buy & hold investment in Wilmington.
Purchase price: $182,000
Cash invested: $40,000
First Property!
What made you interested in investing in this type of deal?
Time on the market and the area the home is located.
How did you find this deal and how did you negotiate it?
No difficult. required a little back and forth with the seller and ultimately I was able to get them down to a price I wanted as well as having them kick back a little money towards closing.
How did you finance this deal?
Conventional Loan