First Home Investment

[Logan Sanford]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $205,000
Cash invested: $17,000

-Asking Price: $235,000
-Purchase Price: $205,000
-Appraisal Value: $218,500

My first property purchased in the growing Butler Tarkington neighborhood. The appraisal came in over $13,000 of the purchase price before even getting the keys. The rehab that will add value to a future refinance includes adding a half bathroom under the stairway, modern sconce lighting on the first floor, new electrical panel and wiring, and more. Excited to add to my investments list and help others too!

How did you finance this deal?

Conventional Financing

How did you add value to the deal?

-Added half bathroom downstairs under stairway
-New electrical updates including rewiring, panel, and sconce lighting
-Resealed basement