Third investment property

[Vincent Miller]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $155,000
Cash invested: $43,630

3 BR, 2B SFR

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

I have other properties in the area that are cash-flowing and the numbers worked on this deal

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

Roofstock

How did you finance this deal?

Conventional financing with 25% down

How did you add value to the deal?

Nothing. However, the property appraised $2,000 above the purchase price

What was the outcome?

Purchased and the PM will place on the rental market soon

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

Utilized Roofstock and CrossCountry Mortgage