Buy and Hold - South NJ

[Joe Martella]

Investment Info:

Townhouse buy & hold investment in Cherry Hill.

Purchase price: $150,000
Cash invested: $10,000

Buy and Hold. Initial investment with down payment and rehab - $70,000. currently in the process of cash out refinancing. Expected to received $60,000 which will leave $10,000 in the deal and a $600 month cashflow. 72% ROI after refinancing. This is recycled money from my previous buy and hold deal. ARV $240,000

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

Mary Helen Raineri - 609-405-2755