My first off market deal

[Joseph Harr]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $45,000
Cash invested: $51,000

Found this 2 bedroom, 1 bathroom house from a wholesaler's ad on Craigslist. The owner was an out of state landlord. Paid cash. Will fix up and refinance once my tenant moves out. Until then, enjoying the cashflow. A friend of mine bought the same house a couple streets over, same size, layout, year built. She flipped hers for $110,000.