Buy & Hold, Equity Play

[Hannah McArthur]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $299,000
Cash invested: $30,000

New Build, Single Family Residence

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

It is medical professional neighborhood.

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

Drove past the new neighborhood as it was being built.

How did you finance this deal?

30 yr fixed, 10% down.

How did you add value to the deal?

Purchased when the market was down/slow beginning of COVID

What was the outcome?

Great location, values have already appreciated. Great rental market.

Lessons learned? Challenges?

Going back and forth between Equity purchases, and cash flow purchases helps with my husbands nerves as he is more risk averse than I am. We have found our rhythm.