Hartford Buy and Hold

[Matt Claxton]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $169,000
Cash invested: $33,800

Single Family home in Sedgefield, 3 bedroom, 1 bath

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

Great neighborhood, future land value, and cash flowed out of the gates

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

MLS - full price offer

How did you finance this deal?

80% loan

What was the outcome?

Getting ready to sell it for over $300k more than I bought it (7 years later)

Lessons learned? Challenges?

1940s house build on a slab - a good amount of issues that I had to fix with plumbing with tenants along the way that were a pretty big pain being on a slab

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

I was the real estate agent!