Primary is now a rental.

[Matthew Bryan Singh]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $154,000
Cash invested: $6,000

Current market value $ 254,000

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

This was my first home

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

I had it built.

How did you finance this deal?

30 year mortgage. First time home buyer

How did you add value to the deal?

Bought the lot next door for $ 8,000
Now estimated at $37,000

What was the outcome?

It is now my Rental Property

Lessons learned? Challenges?

Never do a 30 year Mortgage.