All Forum Posts by: Tim Sapien

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $353,000
Cash invested: $21,900

Beautiful 1100 sq.ft. Turnkey investment home. Definitely a keeper for some future cash flow. Fantastic location as well!!!

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

The location is beautiful with shopping centers all around.

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

I found this deal through Amazing brokers from Savvy Ent. Whom which I found on Bigger Pockets.

How did you finance this deal?

I financed my deal with my own personal finances.

What was the outcome?

We closed on a beautiful turnkey home

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

I worked with two amazing Brokers (Travis and Patrick from Savvy Ent.) and an outstanding loan officer (Isaiah from Cornerstone Mortgage) who really helped pave the way.

Did not think about that either. Awesome thanks for telling me about that. I think I’m definitely gonna stay away from condo’s unless it’s a must have good deal. Thank you - Tim

Darius, 

Thank you for your advice Super helps me out to understand all of this. Also thank you for adding to always go with the numbers. It makes total since and does help make a decision. I’ll keep y’all updated on future purchase and how your advice helped me out. 
thank you again- Tim

What are your thoughts on buying condo’s/apartments for future rentals? Are they typically good rentals? Any advice helps. Thanks - Tim