Single Family Rental in Louisville

[Jordan Moorhead]

Investment Info:

Single-family residence buy & hold investment in Louisville.

Purchase price: $70,000
Cash invested: $30,000

3/1 Single family house my partner and I bought and will rehab to make a rental. We borrowed 100% of this and had $700 of closing fees to buy it.

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

We own 8 in the neighborhood and could seller finance

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

Found through my network and financed through the seller

How did you finance this deal?

Seller Financing

How did you add value to the deal?

Full rehab on the interior of this one!

Lessons learned? Challenges?

Be patient and tell everyone you're doing deals!

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

Fribert and Mattingly Title