3rd purchase for rental investment

[Micah Dingler]

Investment Info:

Single-family residence buy & hold investment in Maumelle.

Purchase price: $90,000
Cash invested: $20,000

3 bed 2 bath single car garage fenced back yard

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

estate sale

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

pocket listing from realtor made offer from suggestion from realtor

How did you finance this deal?

conventional loan

How did you add value to the deal?

virtually turn key property

What was the outcome?

bought house , had instant equity at closing, little to no repairs needed

Lessons learned? Challenges?

good realtors are hard to find with investments, but if you do find one ....trust them

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

robert richardson: realtor