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Updated about 5 years ago,
First Investment Property
Investment Info:
Single-family residence buy & hold investment in Tewksbury.
Purchase price: $273,000
Cash invested: $65,000
Bought this to live in, decided I wanted to live in the city so I decided to try it out as a rental property. Have had renters there for two years now.
What made you interested in investing in this type of deal?
It was a whim actually, I had bought and flipped two properties previously and watched their values increase after my sales, so decided to hold this one as a rental and get my ROI.