Tax Sale turned into cash flowing machine.

[German Torres]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $31,000
Cash invested: $25,000

This is my first property, I made a lot mistakes but undeniably worth it.

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

I wanted to get my foot wet on REI

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

Tax Sale

How did you finance this deal?

Cash

How did you add value to the deal?

I rehabbed myself, replacing roof, plumbing, flooring, windows, etc...

What was the outcome?

A beautiful income property whit no issues and cash flowing like crazy

Lessons learned? Challenges?

Leverage everything. Be the brain of the operation.

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

NOPE