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Updated almost 5 years ago,
First investment property
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $158,000
Cash invested: $15,000
My first investment property is located in The Netherlands it cash flows just above 100€ a month
What made you interested in investing in this type of deal?
Accidental, was intended as main residence but I ended up moving to Taiwan
How did you find this deal and how did you negotiate it?
Bought from family
How did you finance this deal?
Bank finance
How did you add value to the deal?
Clean it up and make it rent ready.
What was the outcome?
Cash flowing
Lessons learned? Challenges?
Never buy propert from family
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
No agents used