Single family residence in Seffner, fl

[Ayne C.]

Investment Info:

Single-family residence buy & hold investment in Lithia.

Purchase price: $100,000
Cash invested: $100,000

Purchased from a wholesaler, with a section 8 tenant that has 2 months left in their contract. After a fix and clean up, this should re rent for $150-200 more.

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

Wholesale deal

How did you finance this deal?

Cash

How did you add value to the deal?

Renovation

What was the outcome?

In progress