Buy and Hold with aim to refinance (small BRRRR) deal.

[Michael J Scanlon]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $36,000
Cash invested: $36,000

Bought a property cash and will do minor repairs, allow a seasoning period, and refinance my money out.

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

Rent to price ratio.

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

MLS, negotiated with the seller's agent.

How did you finance this deal?

Cash.

How did you add value to the deal?

Will be updating the bathroom, walls, windows.

What was the outcome?

In progress.

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

Myself.