Two Property Package in Louisville

[Jordan Moorhead]

Investment Info:

Single-family residence buy & hold investment in Buechel.

Purchase price: $215,000
Cash invested: $1,600

We picked up another two houses from a wholesaler! These both had tenants and didn't need much rehab. We purchased with a loan from a private lender and will do some minor rehab before we refinance.

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

We're adding to the portfolio!

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

Through a wholesaler

How did you finance this deal?

Private Lender and will refinance with a local bank

How did you add value to the deal?

Minor Rehab

What was the outcome?

Occupied for now! Long term tenants

Lessons learned? Challenges?

We want more houses!