Would not repeat this deal but learned a lot.

[Travis Sterner]

Investment Info:

Single-family residence buy & hold investment in Brownsville.

Purchase price: $7,000
Cash invested: $11,000

buy and hold, we were right in the middle of this rehab when covid hit. Definitely learned not to rely on credit to heavily. If I had the time back I would not of bought this house, it does preform OK but it has been a big cost in opportunity else where. A learning experiences for sure.

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

cheap entry price.

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

FB market place, delt face to face with the the owner.

How did you finance this deal?

Cash

How did you add value to the deal?

Full rehab of the first floor

What was the outcome?

Stabilized after a long expensive rehab

Lessons learned? Challenges?

My capital would reform much better in a higher priced nicer area.