Rural Roseburg Rental

[Scott Spiker]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $215,000
Cash invested: $135,000

Rural family rental

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

Price, location to town--perfect rural rental

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

Driving the area, used our area real estate agent

How did you finance this deal?

Private Loan

How did you add value to the deal?

Minor cosmetic fixer

What was the outcome?

Slight positive cash flow while equity building

Lessons learned? Challenges?

Finding other than traditional financing