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Updated over 4 years ago,
My first brrrr investment
Investment Info:
Single-family residence buy & hold investment in Greenville.
Purchase price: $119,000
Cash invested: $5,000
My first investment is basically a live in brrrr. I'll be living there for a year as I fix it up.
What made you interested in investing in this type of deal?
I needed a place to live 🙃😋. I was tired of renting so I decided to get my own house and start investing
How did you find this deal and how did you negotiate it?
This deal was on a list my realtor sent to me and she did a great job negotiating with the sellers
How did you finance this deal?
I was able to get a conventional loan with only 3-5% down
How did you add value to the deal?
I will be changing it from a 2/1 to a 3/2 and updating the kitchen
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
I worked with a real estate agent, Becky Friddle, she was very helpful with everything and I will continue to work with her in the future.