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Updated over 4 years ago on . Most recent reply

Cody Thomas's profile image
Cody Thomas's profile image
Cody Thomas
  • Investor
  • from Greensboro NC
  • Member since Jan 11, 2019
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User Stats

18
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3
Votes
Cody Thomas's profile image
Cody Thomas's profile image
Cody Thomas
  • Investor
  • from Greensboro NC
  • Member since Jan 11, 2019
Connect
Cody Thomas
  • Investor
  • Greensboro NC
3
Votes |
18
Posts
Real Estate Deal Analysis & Advice

Making a profit on our First Home

Cody Thomas
  • Investor
  • Greensboro NC
Posted

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $145,000
Cash invested: $6,000
Sale price: $192,000

This was my wife and I's first home. Built brand new from the ground up in a growing fast growing neighborhood/ area. Held the house for 5 years and sold. Took the profits made and put it directly into our next house.

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