2 Bed, 1.5 Bath Condo

[David Hawkinson]

Investment Info:

Other buy & hold investment in Bloomington.

Purchase price: $80,000
Cash invested: $16,000

2 Bed, 1.5 Bath Condo

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

Lived in and Flip Over a 1 year period

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

Off Market Deal,

How did you finance this deal?

Cash offer then HELOC

How did you add value to the deal?

Live in Flip

What was the outcome?

Fully updated unit that I now know the ins and outs of.

Lessons learned? Challenges?

Will hold for a few years and then sell. Dealing with HOA's is not difficult but can add surprises to your strategy.