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Updated over 4 years ago on . Most recent reply
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Forclosure Buy and Hold.
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $76,000
Cash invested: $15,000
This home was a Home Path Forclosure that I picked up in Woodstock, Ga for 76,000 and now its worth 265,000.
What made you interested in investing in this type of deal?
The low Price and good quality home.
How did you find this deal and how did you negotiate it?
I found this deal from working with Foreclosures.
How did you finance this deal?
15 year loan.
How did you add value to the deal?
I completely fixed the house up.