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Updated almost 4 years ago on . Most recent reply

User Stats

5
Posts
2
Votes
John Ferraro
  • Rental Property Investor
  • Memphis, TN
2
Votes |
5
Posts

Just bought my 3rd property

John Ferraro
  • Rental Property Investor
  • Memphis, TN
Posted

Investment Info:

Single-family residence buy & hold investment in Bowling Green.

Purchase price: $195,000
Cash invested: $19,300

3/2 with unfinushed basement

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

Student housing rented by the room

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

MLS

How did you finance this deal?

Conventional second home 10% down

How did you add value to the deal?

Finishing basement to add 2 more bedrooms

What was the outcome?

3 rooms rentered and basement remo to come

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

Realtor Tom Aukland . The best around. The reason I am investing in this market

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