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Updated almost 5 years ago,
Single family rental
Investment Info:
Single-family residence buy & hold investment in Ozark.
4/2 Single family home
What made you interested in investing in this type of deal?
Investment
How did you find this deal and how did you negotiate it?
My cousin owned it. No negotiation done
How did you finance this deal?
Just regular bank
How did you add value to the deal?
Equity, repairs and upgrades
What was the outcome?
Renting it now for 1.75 test
Lessons learned? Challenges?
Don't let someone less disciplined than you run the financial part of the business
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Yes. Can't recomend since o am very new to this