My First Investment Deal

[Robleh Nur]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $1,500
Cash invested: $1,500

This was a SFH that burned down. In return bought the lot $1,500 and will develop a SFH in its place.

Due to zoning it can not be a Muli-unit due to the extra taxes, so will build SFM and later upgrade it to Multi-unit

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

Location in where I see future growth.

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

MLS & no negotiating. Deal was too awesome

How did you finance this deal?

Cash