Investment Property in Cary, NC

[Scott Ashworth]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $390,000

Investment property across the street from new Downtown Cary Library.

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

There is a lot of redevelopment adjacent to this property

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

I wrote a letter to the property owner. She grew up in this home, but lives in another town now.

How did you finance this deal?

All cash

What was the outcome?

This is a longterm rental.