First Investment Property

[Owen Daniels]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $72,200
Cash invested: $14,400

Single Family Home - Buy and hold. First property.

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

This was a home being sold after death by the surviving children.

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

Found it on the MLS. Snatched it up quickly when the listing first appeared. It was a good deal.

How did you finance this deal?

Bank financing.

Lessons learned? Challenges?

Being first to a good deal is critical.