121 Irving Avenue, Mooresville NC 28117

[Steven Custer]

Investment Info:

Single-family residence buy & hold investment in Mooresville.

Purchase price: $167,000
Cash invested: $41,000

15 yr loan. Low cash flow but, paying off in half the time.

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

Great location and long term tenant already in place.

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

Off market with another local realtor.

How did you finance this deal?

30 yr but, then refinanced when rates dropped.

How did you add value to the deal?

Negotiated before hitting the market.

What was the outcome?

great property with no competition.

Lessons learned? Challenges?

Keep connecting with other investors/realtors to find deals off market.

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

Myself Steven Custer with eXp Realty