Single Family Rental

[Sean Delisle]

Investment Info:

Single-family residence buy & hold investment in Londonderry.

Purchase price: $180,000
Sale price: $309,900

Purchased this single family home at auction. Held for many years then fixed and Flipped it.

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

It was being auctioned in a neighborhood I was familiar with.

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

Auction

How did you finance this deal?

Conventional

How did you add value to the deal?

Rented for several years, then completely remodeled snf flipped it.

What was the outcome?

Netted over $100,000

Lessons learned? Challenges?

Tenants can destroy investment, but there's still hope at the flip!!

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

Yes