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Updated almost 5 years ago on .

User Stats

6
Posts
0
Votes
Bryan Sumardi
  • Rental Property Investor
  • Rockville, MD
0
Votes |
6
Posts

First Investment Property

Bryan Sumardi
  • Rental Property Investor
  • Rockville, MD
Posted

Investment Info:

Single-family residence buy & hold investment in Baltimore.

Purchase price: $110,000
Cash invested: $17,000

3 bedroom, 2 bath home in 21213

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

I bought it from another investor and wanted to buy and hold while area gets developed

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

My realtor found the property for me

How did you finance this deal?

VA loan

Lessons learned? Challenges?

Bring a trusted contractor to see the house before purchasing

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

CLA Title & Escrow in Rockville, MD