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Updated over 5 years ago,
my doublewide rental
Investment Info:
Single-family residence buy & hold investment in Holly Springs.
Purchase price: $80,000
Cash invested: $10,000
3 bed/ 2 bath on 2.5 acres with a 2 car garage
What made you interested in investing in this type of deal?
It was cheap and had huge potential!
How did you find this deal and how did you negotiate it?
Word of mouth
How did you finance this deal?
Cash
How did you add value to the deal?
New Roof, HVAC, deck and steps and other cosmetic things
What was the outcome?
Great Rental!
Lessons learned? Challenges?
Mobile Homes really need to be cash deals
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Yes since I am an Agent my experience helped me a lot~!
Ashley Hum :)