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Updated almost 5 years ago on . Most recent reply
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My very first deal - newbie no more
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $135,000
Wow! My first deal is underway....I spent too long vetting and realized that I need a full-service and trustworthy turnkey provider to get started. Looking forward to learning now what I don't yet know!
What made you interested in investing in this type of deal?
I trust the provider & team more than my own judgement at this point.
How did you find this deal and how did you negotiate it?
BiggerPockets, reached out directly to the provider
How did you finance this deal?
Traditional bank
How did you add value to the deal?
provider is adding value, I enjoy the lift in revenue
What was the outcome?
under contract now....
Lessons learned? Challenges?
TBD
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
So far yes
Most Popular Reply
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Thanks @Aaron Belt! I surely will. BTW I have special interest in AZ and am looking to stay in the loop for Phoenix area opportunities.