SFR buy, hold and sell.

[Tyler Warne]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $90,000
Cash invested: $1
Sale price: $190,000

off market, non arms length

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

no money down

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

did an appraisal for an owner on another property and he stated he was trying to sell this one

How did you finance this deal?

Bank 70k owner 20k

How did you add value to the deal?

didn't

What was the outcome?

made 100k

Lessons learned? Challenges?

take action

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

no