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Updated over 9 years ago on . Most recent reply

User Stats

84
Posts
9
Votes
Adam Spencer
  • Ypsilanti, MI
9
Votes |
84
Posts

Finally Closed on my first deal!!

Adam Spencer
  • Ypsilanti, MI
Posted

Hey guys I am happy to say I have finally closed on my first deal! I have been working on it since Aug and have had a lot of issues. I am using a FHA 203k so that is partly why it took so long. The house is a good size 3/2 in Ypsi near EMU. Anyway now I am ready to get thorough the rehab prosess. It will be a brand new kitchen, bath and roof along with new flooring throughout.

I am planing on renting out the extra rooms and house hacking as they say.  I plan on covering my expenses and living for free.  Does anyone have a good spread sheet for keeping track of expenses in/out on a rental that may work for me?  I would also love any other advice from more experienced investors.  

Thanks

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