Residence turned into investment property.

[Felix Huang]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $440,000
Cash invested: $12,000

Purchased property in Washington first as a private residence. Moved out of state and decided to rent it.

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

There was no negotiations at the time. I searched for reasonably priced properties that had a longer than average listing.