906 mcrae ave, 400sqft efficiency house

[Dustin Lavender]

Investment Info:

Single-family residence buy & hold investment in Searcy.

Purchase price: $9,000
Cash invested: $12,000

400sqft house. Fully gutted. New electrical, roof, plumbing, HVAC installed.

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

In the neighborhood

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

I found this deal by driving for dollars, searching tax records, and contacting the owner through Facebook.

How did you finance this deal?

Cash

How did you add value to the deal?

Full gut renovations

What was the outcome?

In progress

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

Nope