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Updated over 4 years ago on . Most recent reply

User Stats

12
Posts
4
Votes
Bradley Nuse
  • Houston, TX
4
Votes |
12
Posts

Second turnkey property

Bradley Nuse
  • Houston, TX
Posted

Investment Info:

Single-family residence buy & hold investment in Indianapolis.

Purchase price: $62,500
Cash invested: $62,500

Single family residence. 4b/1b, Acquired through a turnkey company.

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

I work internationally for up to 4 weeks at a time, and then

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

Turnkey provider

How did you finance this deal?

Simple 401k loan and cash on hand.

What was the outcome?

Property was already rented to a tenant was cashflowed immediately.

Most Popular Reply

User Stats

12
Posts
4
Votes
Bradley Nuse
  • Houston, TX
4
Votes |
12
Posts
Bradley Nuse
  • Houston, TX
Replied

@Shedrick Archangel Thank you, sir.  I'm really happy with it.  Started cash flowing immediately, which was nice.  I was able to refinance it pretty quickly with minor hiccups and pull most my money back out to pay off the initial 401k for a better 30 year note.  Everything else has been very smooth and easy.  

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