Brand new condo in one of the fastest growing cities.

[Lindsey Van]

Investment Info:

Condo buy & hold investment.

Purchase price: $259,000
Cash invested: $55,000

Brand new 3 bed, 2 bath condo.

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

There are very few condos in the area, and very few 3 bed, 2 bath condos in Utah State under $300k.

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

Developer told our office.

How did you finance this deal?

Cash out refi on my primary home.

Lessons learned? Challenges?

Told an investor who bought 4.

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

I represented myself as an agent.