Lucy Kenei Rental Deal

 

Lucy Kenei Rental Deal

Joyful Homes Enterprise LLC in Durham, NC
Lucy Kenei with Walter Lagat

Seller walked up to my friends' house, they were neighbors and asked her if she could buy her house. My friend called me immediately and the next day I had negotiated and submitted an offer to purchase. I bought with a conventional mortgage, raised private money for 25% of the down payment. I did painting and minor repairs. I listed it with a property management company.

Rental Details

Property City: Durham
Purchase Price: $142,000

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Case Study

How did the FortuneBuilders team and resources help you to accomplish this deal?

I used the Deal Analyzer for Flips to help create an educated offer. This was my first deal.