This house was in rough shape when we purchased it, there was nothing that could be salvaged and needed a full gut job, demolition of 24 trees and bushes in the back, and a garage built from scratch.
Date Purchased: June 2022
Purchase Price: $360,000
Purchase Terms: Private money, 3 year loan, 8%
Exit Plan: We have it leased NNN to a tenant who wishes to buy. We will revisit when rates are under 5.5%, but for now he has been on time for years and responsible.
