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Updated over 3 years ago,
Our first Rental property.
Investment Info:
Single-family residence other investment in Camillus.
Purchase price: $114,500
This was our first house that we turned into our first rental property to start building our portfolio.
What made you interested in investing in this type of deal?
We wanted some financial freedom when we retire from our current 9-5s, but we are seeing that we could retired from working our 9-5 a lot earlier if we compile more properties.
How did you find this deal and how did you negotiate it?
It was our first house so we did not find it.
How did you finance this deal?
We had already bought it so we started a business then refinanced it in the name of the business.
How did you add value to the deal?
N/A
What was the outcome?
N/A
Lessons learned? Challenges?
N/A