2bd 1ba fix and hold in University Town Center San Diego

[Jason Prieto]

Investment Info:

Condo buy & hold investment in San Diego.

Purchase price: $371,000
Cash invested: $50,000

Purchased an outdated condo to rehab and hold.

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

Location and price.

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

I found it on craigslist and was quick to make an offer.

How did you finance this deal?

Traditional financing.

Lessons learned? Challenges?

When rehabbing properties you get what you pay for so find a good contractor.