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All Forum Posts by: Sam Kumar

Sam Kumar has started 1 posts and replied 1 times.

Post: Investment single family home

Sam KumarPosted
  • Real Estate Agent
  • Posts 1
  • Votes 0

Investment Info:

Single-family residence buy & hold investment in Orange Lake.

Purchase price: $400,000
Cash invested: $80,000
Sale price: $400,000

Investment property purchased and rented for $2600 rent per month. Grossing around $31,200 per year.

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

Rental return

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

Investors

How did you finance this deal?

Conventional

How did you add value to the deal?

Helped investors get a house for discounted price

What was the outcome?

Equity earned over $90k in 1 year