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Updated about 3 years ago on .

Account Closed
  • Rental Property Investor
  • Valley Stream NY
10
Votes |
51
Posts

My first investment property

Account Closed
  • Rental Property Investor
  • Valley Stream NY
Posted

Investment Info:

Single-family residence buy & hold investment in Bellport.

Purchase price: $245,000

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

For long-term generational wealth.

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

I found it on the MLS.

How did you finance this deal?

With a HELOC & Conv loan.

How did you add value to the deal?

Cosmetic repairs

Lessons learned? Challenges?

Alot of back and forth with the lender