Denver Condominium Buy and Hold

[Paul Crossan]

Investment Info:

Condo buy & hold investment in Denver.

Purchase price: $147,000
Cash invested: $10,000

2/1 Condo in City Park West

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

In 2006 everyone was getting into real estate.

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

Friend knew developer doing condo conversion.

How did you finance this deal?

0% down.

Lessons learned? Challenges?

Appreciation.
Learning about property management from afar.