Frist Single Family Investment Property

[Jonathan Beaumont]

Investment Info:

Single-family residence buy & hold investment in Benton.

Purchase price: $109,900
Cash invested: $28,640

Fully renovated 3 bed 2 bath single-family home.

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

Based on my research the neighborhood is safe and the cashflow is decent. The property is located close to Little Rock, which is an area that is experiencing growth in Arkansas. According to my research, the main industries within that area are the healthcare industry, the education industry and retail. The healthcare industry was a big draw for me. 

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

I found this deal through Norada Real Estate Investments.

How did you finance this deal?

I took out a loan through AimLoan.