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Updated about 5 years ago on .
First Purchase - Beaver Lake STR w/ FHA
Investment Info:
Single-family residence other investment.
Purchase price: $142,000
Cash invested: $5,000
STR Cabin - The Lost Haus
How did you finance this deal?
FHA - 3.5% down payment (30 yrs) @ 3.75%
How did you add value to the deal?
Renovation of entire home
What was the outcome?
20% Cap Rate
Lessons learned? Challenges?
Just get started.
