First Rental Property

[Ronnie Gentry]

Investment Info:

Single-family residence buy & hold investment in Cowpens.

Purchase price: $43,000

Single family home that is currently being rented.

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

Always wanted to have rental properties

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

Friend approached me with wanting to sell it

How did you finance this deal?

Private money lender

How did you add value to the deal?

Replaced roof, HVAC, flooring

What was the outcome?

Rental property

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

No