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Updated almost 4 years ago,
Springfield VA Townhouse
Investment Info:
Townhouse buy & hold investment.
Purchase price: $181,000
Cash invested: $18,100
Purchased townhouse in an appreciating community in Northern Virginia. Sought after location with low rental turnover.
What made you interested in investing in this type of deal?
Success by other investors
How did you find this deal and how did you negotiate it?
Real Estate Agent
How did you finance this deal?
Loan
How did you add value to the deal?
Added a bathroom
What was the outcome?
Been able to provide a lovely place to live for a few families.
Lessons learned? Challenges?
Real Estate is the long game. There will be expenses and challenges, but in the long run, it does work out.