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Updated over 5 years ago,
One Single Family Condo Unit - Buy And Hold Investment
Investment Info:
Single-family residence buy & hold investment in Waunakee.
Purchase price: $93,500
Single Family Condominium - Buy and hold investment
What made you interested in investing in this type of deal?
Living nearby the property allows me to check up on it regularly to make sure everything is running properly.
How did you find this deal and how did you negotiate it?
Through a residential real estate agent
How did you finance this deal?
FHA loan - basically no money down.
How did you add value to the deal?
Cosmetic fixes
What was the outcome?
Purchase
Lessons learned? Challenges?
I've never done anything like this before so it was not easy. You have to learn all of the in's and out's of the due diligence process so you don't make a mistake.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
agents, etc.