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Updated over 4 years ago,
Aldie from Primary home to Rental
Investment Info:
Single-family residence buy & hold investment in Stone Ridge.
Purchase price: $612,000
Cash invested: $91,800
bought as personal home turned it to a rental property
What made you interested in investing in this type of deal?
Very easy to buy a primary home then flip it to a rental. easier to find lenders
How did you find this deal and how did you negotiate it?
Realtor, Zillow
How did you finance this deal?
conventional loan
How did you add value to the deal?
renovated, and upgraded. new deck, hardwood floors, granite in kitchen, new appliances
What was the outcome?
Great Rental in a hot NCR area