SFH rental property.

[Daryl Vines]

Investment Info:

Single-family residence buy & hold investment in East Fultonham.

Purchase price: $25,000
Cash invested: $50,000

SFH leased for $850/mo. Appraised 104k in 2019

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

Cash Flow.

How did you finance this deal?

Lease option to cash purchase

How did you add value to the deal?

Remodeling

What was the outcome?

House is currently paid for, cashflowing, and I have an unused $75k HELOC secured by the property.