Straight up Traditonal

[Josh Gowan]

Investment Info:

Single-family residence buy & hold investment in Tolleson.

Purchase price: $235,000

3 bd 2 bth 1700sq ft. sfr

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

home was purchased with some equity and was ready to be rented in a growing part of town

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

My Agent found it for me.

How did you finance this deal?

20% down from cash out refi on my first home. Conventional loan

How did you add value to the deal?

I only replaced the carpet in the master bedroom

What was the outcome?

was able to rent the property within a month

Lessons learned? Challenges?

be better at screening tenants .

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

Josh Heape (lender)
Mike Sheahan (agent)