Out of state real estate investment

[Deana Vasquez]

Investment Info:

Single-family residence buy & hold investment in Mentor.

Purchase price: $106,000
Cash invested: $24,000

Single-Family Residence 948sq ft 3 bedroom, 1 bathroom

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

Hired a local real estate agent. Flew to Ohio to meet agent and view properties. Negotiate the price with sellers. The original list price was 117,000 purchased the home for 106,000. We put 20% down and used traditional financing.

How did you finance this deal?

The original list price was 117,000 purchased the home for 106,000. We put 20% down and used traditional financing.

[Deana Vasquez]

@Remington Lyman we purchased in Mentor. 

@Stephen Brown , thank you.