My first Brrrr deal

[Peniel Edorh]

Investment Info:

Single-family residence private money loan investment.

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

investment property

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

i learn from the bigger pocket that single Family home is the way to go.

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

i bought this deal at a live auctions.

How did you finance this deal?

with my own money and a private lenders.

How did you add value to the deal?

By doing a full renovation

What was the outcome?

it come out pretty awesome.

Lessons learned? Challenges?

i learn a lot from doing most of the job by myself and hire contractor for the plumbing and electric.

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

No