Single Family Residence in Waterville, ME

[Joe Van]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $47,000
Cash invested: $75,000

First investment property deal I did. It was a HUD foreclosure that I took the BRRRR approach on. Currently have great tenants and used the Refi to purchase and renovate house #2.

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

HUD Foreclosure

How did you finance this deal?

All cash

How did you add value to the deal?

Complete remodel of kitchen. New flooring and paint throughout. Exterior touch-ups & landscaping.