Buy and Hold Investment/Flip

[Mya Toohey]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $60,000
Cash invested: $20,000
Sale price: $118,900

Purchased as a buy and hold. Total investment $80,000. Rented out for $850 for two years. Then Sold for $118,900

How did you finance this deal?

Paid Cash

How did you add value to the deal?

Rehabbed Kitchen, bathroom and repainted entire inside and out of home.

What was the outcome?

Made rental income and $40,000 on sale of property.

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

I was the buyers agent and the property manager.