Single Family Rental

[Bryon Andrews]

Investment Info:

Single-family residence buy & hold investment in White Bear Lake.

Purchase price: $215,000
Cash invested: $30,000

Contributors:
John Sauber

Single family home that needed lots of cosmetic updates throughout. Added bedroom and bathroom in basement. Owner occupied during renovations and plan to rent out.

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

Cashflow

How did you finance this deal?

Owner Occupied Financing

How did you add value to the deal?

Cosmetic renovation and added bedroom and bathroom.

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

John Sauber Real Estate Agent and M&M Mortgage