First SF home turned 3/1.5 to 3/2!

[Amy Stephenson]

Investment Info:

Single-family residence buy & hold investment in Fayetteville.

Purchase price: $53,000
Cash invested: $20,000

Single family home that was a 3BR/1.5BA that has been improved to a 3BR/2BA creating a true Master BR! Increased value of home with new HVAC, flooring, adding tub to bathroom, water heater, roof, paint, etc but will be well worth it for rent. Awaiting refinance and almost rental ready!

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

Getting to rehab a property...meaning putting some design ideas into real life. Keeping it cheap but classy

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

Agent at Five Pillars Mark Horton

How did you finance this deal?

Cash with partners

How did you add value to the deal?

Making another full bath, new roof, new HVAC, new water heater, paint, etc.

What was the outcome?

Awaiting refinance and almost rental ready! We will let you know!

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

Mark Horton-agent