Updated about 7 years ago on .
Military motivated me..
Investment Info:
Single-family residence note investment investment.
Purchase price: $185,000
4 BDR, 2BA single family home w/pool
What made you interested in investing in this type of deal?
I got into investing in rental property due to my requirement to move locations every three years in the military. They give you a monthly allotment for housing and i quickly figured out i could pay someone elses mortgage and build the equity and wealth or buy my home own and make myself equity and wealth. I've been moving, buying and renting since 2004. Three homes under my belt, to include one that i ventured into the airbnb world.
How did you find this deal and how did you negotiate it?
Standard note loan
How did you finance this deal?
VA
How did you add value to the deal?
Rented it out after one year.