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Updated over 3 years ago,
The house that started it all
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $103,000
My very first investment property. I didn't know it at the time but it would open up doors I didn't even know existed.
What made you interested in investing in this type of deal?
It was our first deal and we wanted to take action
How did you find this deal and how did you negotiate it?
My wife found the deal and brought it to my attention and we made an offer
How did you finance this deal?
The deal was 100% financed through a bank.
How did you add value to the deal?
I came in open minded and eager to learn
What was the outcome?
Purchased the property
Lessons learned? Challenges?
I learned the excitement and stumbles involved with buying real estate.