Single family rental

[Scott H.]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $40,000
Cash invested: $40,000

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

Lead from my realtor that I have been working with

How did you finance this deal?

Cash. Will refi after closing

How did you add value to the deal?

Negotiated price down from 49,000 with all cash offer close in 10 days

What was the outcome?

Purchase agreement same day as offer

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

Yes. Heath Klien. Vincennes Realty