Rental property investing

[Ivan Zinginov]

Investment Info:

Single-family residence buy & hold investment in Wheeling.

Purchase price: $55,000
Cash invested: $10,000

BRRRR investing deal

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

Location and price

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

Online auction site

How did you finance this deal?

HELOC

How did you add value to the deal?

Cosmetic update

What was the outcome?

Currently rented for $950/m

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

No