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Updated about 5 years ago on . Most recent reply
Single Family investment
Investment Info:
Single-family residence other investment in Gordonsville.
I had a property signed over to me by a family member. I am ecstatic about the opportunity. Right now, I am performing due diligence.
What made you interested in investing in this type of deal?
I had been looking to invest in real estate for about a year, but did not have the cost to do so. This deal was very low cost for me, so I went for it.
How did you find this deal and how did you negotiate it?
It was in a family members possession.
How did you finance this deal?
N/A
How did you add value to the deal?
I let them know that I would try my best to keep the house in the family and never sell it. I had the time to put into it.
What was the outcome?
N/A
Lessons learned? Challenges?
N/A
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
I did not.