Long term equity SFR

[Briana Headley]

Investment Info:

Single-family residence buy & hold investment in Austin.

Purchase price: $505,000
Cash invested: $55,000

Single family home in desired area, potential equity growth, strong rental return

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

The economical growth of Austin, desirable neighborhood, low turn over of the neighborhood.

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

Through a realtor ( I was a realtor out of state)

How did you finance this deal?

Conventional loan

What was the outcome?

30% equity gain in 2 years.