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Updated over 4 years ago,
Buy & Hold turned into Fix & Flip
Investment Info:
Single-family residence buy & hold investment in Dansville.
Purchase price: $50,000
Cash invested: $30,000
Purchased this one for a client on a lease with option to purchase. Worked with them for the first 2 years to build up their credit and then they didn't follow through on the purchase. Once they moved out, we renovated the house and are under contract to sell