Updated over 5 years ago on . Most recent reply
My first OOS rental property
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $70,000
Cash invested: $20,282
Monthly cashflow: $308
Single family home located in Memphis TN. 3BR 2bth, located in a C neighborhood.
What made you interested in investing in this type of deal?
Cashflow
How did you find this deal and how did you negotiate it?
on-market through my agent
How did you finance this deal?
30-year conventional loan
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
I worked with an agent who also runs a PM company and a multi state lender (APM Mortgage).
Most Popular Reply
@Stephanie Assi Congrats! Memphis has been great to me and surely to you as well!