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Updated over 5 years ago,
my firt´s buy at orlando
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $95,000
Cash invested: $95,000
3 bedrooms apartment two bathrooms to rent and know the market
What made you interested in investing in this type of deal?
looking at the maket
How did you find this deal and how did you negotiate it?
visiting the city of orlando and analyzing the market, hoping to find some realtor who knew about the market and could earn from rents and surplus value
How did you finance this deal?
cash
How did you add value to the deal?
I met the market, I learned about florida contracts, I talked to lawyers, I created my first company, I learned accounting in USA. since I am a foreigner
What was the outcome?
got a good deal, great investment ready for more
Lessons learned? Challenges?
taxes, legal, finding property
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
yes i will recomend some off then, other´s never