Alabama Single Family Residence

[Cheryl Burd]

Investment Info:

Single-family residence buy & hold investment in Bessemer.

Purchase price: $112,000
Cash invested: $32,000

My very first real estate investment; a turn key SFR rental property in Alabama.

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

Easy to understand the deal. Comfort level with the RE and property management teams.

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

Turn key investment

How did you finance this deal?

FHA conventional loan

Lessons learned? Challenges?

Always interview your property management team and seek references.

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

Real Wealth Network