Buy and hold deal in Milwaukie, OR

[Kim McGinnis]

Investment Info:

Single-family residence buy & hold investment in Milwaukie.

Purchase price: $227,500
Cash invested: $45,500

Currently on a year lease - cash flowing a positive $700/month

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

It was a new townhouse with low maintenance yard located in a suburb with growing interest.

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

RMLS - I was the buyers agent for myself purchased from the builder

How did you finance this deal?

conventional 20% down ~ I lived in it for a few years

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

I have a great property manager that manages this property for me.