First SFR investment

[Joel Santana]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $110,000
Cash invested: $25,000

Bed: 3

Bath: 1.5

sq ft: 1746

Year built: 1908

Rehab: 2019

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

This deal was turnkey and offered good cash-flow for the amount I had to invest. I have been in analysis paralysis for years. This was my momentum starter.

Starting off small, and eventually on to bigger purchases and projects.

How did you finance this deal?

Conventional loan, 20% down

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

Rent to Retire.

Professional staff that makes the process much less intensive.