Single Family buy & hold

[Tony George]

Investment Info:

Single-family residence buy & hold investment in Arlington.

Purchase price: $192,000
Cash invested: $300,000
Sale price: $300,000

4bdr, 3.5 baths, 3640 sqft.

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

Initially looking for our forever home turned into an investment.

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

Forecloser. Not trashed...move-in ready

How did you finance this deal?

VA

How did you add value to the deal?

NA

What was the outcome?

cashed out with six figures

Lessons learned? Challenges?

Do not become emotionally attached to any properties

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

Absolutely! Mike Mannion (Keller Williams) Arlington, TX