First Cleveland investment

[Peter Richter]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $48,000

Purchased a small single-family home that I rent out.

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

I found it through a turn-key investment company

How did you finance this deal?

Conventional. PM for my banker's info

What was the outcome?

33% cash on cash return

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

I would Highly recommend my lender.