Updated over 5 years ago on .
seller financing close to college
Investment Info:
Single-family residence buy & hold investment in Kalamazoo.
Purchase price: $195,000
Cash invested: $5,000
Historical house that underwent a complete gut job, new plumbing, electric, hvac, drywall, roof, insulation, after a fire that occurred at the property in 2019. acquisition also included a buildable lot in the back.
What made you interested in investing in this type of deal?
Everything in the house was pretty much NEW all major systems etc, purchase included a buildable lot in the back.
How did you finance this deal?
seller financing
What was the outcome?
leased it for $2000/month