Great add to portfolio

[JohnPaul Pacheco]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $37,500

3 bed, 2 bath, large laundry room and pantry, mostly remodeled.

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

Cash Flow

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

bank owned property, found online

How did you finance this deal?

Commercial loan through local bank

How did you add value to the deal?

small repairs and purchase price

What was the outcome?

Replacing gas line was most expensive repair. repairs done and rented out in less than a month

Lessons learned? Challenges?

This one was easy, I was spoiled lucky with this deal.

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

Not on this deal