Great deal on a New Build

[Account Closed]

Investment Info:

Single-family residence buy & hold investment in Ocala.

Purchase price: $161,900
Cash invested: $40,000

New build in great rental neighborhood.

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

Great price and 10 year warranty from the builder. Large demand for single family rentals.

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

Holistic Investments

How did you finance this deal?

Traditional Financing

How did you add value to the deal?

We will be installing landscaping and a fence if the tenants would like one.

Lessons learned? Challenges?

Six months is a long time to wait for the home to be built.

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

Holistic Investments was a great company to work with.