Unique Buying Opportunity

[Clayton Silva]

Investment Info:

Single-family residence buy & hold investment in Fayetteville.

Purchase price: $150,000

Interesting Purchase Opportunity. I was lucky enough to have a family member sponsor this purchase. They gave me $150,000 cash to buy the property and allowed me to borrow that money for 18 months with no interest or payments!! This gives me 18 months of collecting rent to save for a down payment. Then I'll do a cash out refinance after 18 months and give back the $150,000. Also, I am now a licensed loan officer and can do the refinance myself making the house basically free!