West Park Rental 01Unit

[Jim Pinter]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $40,000
Cash invested: $6,000

Beautiful West Park rental less than a mile from the Metroparks.

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

Needed more rental stock.

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

Bank owned post 2008

How did you finance this deal?

Traditional mortgage

How did you add value to the deal?

Self Perfromed improvements

What was the outcome?

Cash flowing rental

Lessons learned? Challenges?

This was my intro into rentals. Some speed bumps but its been great over the distance.

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

Yes just ask!