Homeowner turned investor

[Tim B.]

Investment Info:

Townhouse buy & hold investment in Hyattsville.

Purchase price: $135,000
Cash invested: $23,000
Sale price: $300,000

Purchased as primary home. Job eventually moved me across country, decided to rent out property.

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

Wanted to keep ownership for appreciation gains

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

started as primary home

How did you finance this deal?

conventional, 3% down + grant assistance

How did you add value to the deal?

Full renovation before selling (~35k of work)