1st investment property purchased

[Craig Barr]

Investment Info:

Single-family residence buy & hold investment in St. George.

Purchase price: $69,000
Cash invested: $10,000

A single bedroom, one bath, condo end unit, on one level

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

It was small enough that I felt like I could handle it.

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

I found it on the MLS.

How did you finance this deal?

Seller Financing

What was the outcome?

I still own it and the value has gone up to about $85,000