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Updated over 5 years ago on . Most recent reply

User Stats

1,424
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844
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James Wachob
  • Real Estate Broker
  • Memphis, TN
844
Votes |
1,424
Posts

3bd 2ba in a great location

James Wachob
  • Real Estate Broker
  • Memphis, TN
Posted

Investment Info:

Single-family residence buy & hold investment in Lakeland.

Purchase price: $154,000
Cash invested: $35,000

3bd 2ba 2car garage executive level rental.

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

Attracting quality tenants that will take care of my properties, as if they were their own.

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

I bought this in pre-foreclosure.

How did you finance this deal?

line of credit

How did you add value to the deal?

Full renovation including a new roof, new floors, lighting, upgraded bathroom, SS appliances, and granite.

  • James Wachob

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