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Updated over 3 years ago,
SFH buy & hold in Milton FL
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $185,000
Cash invested: $54,000
New construction single family home, renting by the room.
What made you interested in investing in this type of deal?
New construction, rent by the room model.
How did you find this deal and how did you negotiate it?
Realtor assisted with finding this deal.
How did you finance this deal?
Conventional loan 25%
Lessons learned? Challenges?
This being my first investment property, there were challenges as a newbie especially as I am an out of state investor.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Worked with my realtor who connected me with a lender and other services local to the area as I am out of state.