All Forum Posts by: Rohit Agarwal

Investment Info:

Other buy & hold investment.

Purchase price: $100,000
Cash invested: $30,000

bought a bank owned condo and its still a good cash flow investment.

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

referral from a trusted source

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

from a real estate agent freind.

How did you finance this deal?

30k self and 70 k private lender.

How did you add value to the deal?

renovated bathroom and kitchen.

What was the outcome?

awesome. still have original rentor.

Lessons learned? Challenges?

awesome.keep rentor happy and keep rent slightly lower than market rate.

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

yes.

Hi ,

Carson Sweezy ,yeah sure lets catch up in the new year as I am going out of town for 2 weeks.

Thanks 

Rohit

ok great will do . Thanks upen.

Rohit

BP Community,Any recommendations on reputable private money lenders (not hard money lenders) in the Dc Metro area? Thanks in advance 

thank you all for your comments! Feeling blessed to be here already! 

Thanks rohit

Hi ,

I am into buying and holding the properties mainly rental units. But I want to expand my portfolio and have decided to start buying to rehab and flip.

Thanks

Rohit

HI ,

I am looking for someone who can help me fund this deal and in return will get 8% as rate of intrest for a period of 5 years. I have done this before and was able to return the money within 3 years instead of 5. 

Please advise.

Rohit