Hometown Investment in Helena, AL

[Caleb Genry]

Investment Info:

Single-family residence buy & hold investment in Helena.

Purchase price: $172,000
Cash invested: $45,000

3 Bedroom / 2 Bath Single Family Home. 1,341 Square Feet.

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

My first ever real estate investment was in my hometown. I went with something that was safe. Other than a small roof repair, this property was turn-key and ready to rent.

How did you finance this deal?

$129,000, 30 year mortgage, 4.875% Interest

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

Agent - Ben Tamburello