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Updated over 5 years ago,

User Stats

53
Posts
27
Votes
Loubert Antoine
Pro Member
  • Bridgeport, CT
27
Votes |
53
Posts

single family investment

Loubert Antoine
Pro Member
  • Bridgeport, CT
Posted

Investment Info:

Single-family residence buy & hold investment in Stratford.

Purchase price: $128,000
Cash invested: $26,000

4 bedroom single cape.

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

the price was a great deal

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

homesnap

How did you finance this deal?

cash

How did you add value to the deal?

I rehab 38k

What was the outcome?

my 38k investment was able to rehab the house completely with new appliances, finish basement, new shower and plumbing, paint, carpet, flooring and all new electrical and panel.

Lessons learned? Challenges?

make sure to do a better inspection when buying a REO.

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

yes I have an agent and lender I'm working with

  • Loubert Antoine