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More information here: https://investfourmore.com/2013/11/21/rental-property-number-8-purchased/
This is my 8th rental property. Purchased for ,500 with seller paying ,000 in seller paid closing costs. The home was rented for ,400 a month after a ,000 rehab. This was a Fannie Mae Homepath purchase.
I am now up to 16 rentals and this was one of my better deals. The house is now worth close to 0,000 three years later thanks to getting a great deal and our crazy market in Colorado.
Here is a video of the home after it was trashed a few years later: https://www.youtube.com/watch?v=mPGqtfBeUqY&t=14s
Video Rating: / 5