seller financing close to college

[Rodrigo Barrera]

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