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Updated over 2 years ago on . Most recent reply

User Stats

6
Posts
4
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Ross Bennett
  • New to Real Estate
  • Seattle, WA
4
Votes |
6
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First Time Homeowner! - Seattle, WA

Ross Bennett
  • New to Real Estate
  • Seattle, WA
Posted

Investment Info:

Townhouse buy & hold investment.

Purchase price: $770,000
Cash invested: $140,000

As a first time homeowner, I wanted to buy and hold something that I would love living in. I also wanted to ensure that whatever I purchased would be in a high appreciation market, with the prospects of eventually being able to rent it out for strong cash flow to high income workers (if/when I decide to move). There are identical townhomes being leased out at strong rates that would heavily cash flow against my current mortgage....and in the meantime I get to enjoy living in new construction!

Most Popular Reply

User Stats

882
Posts
1,968
Votes
Sherief Elbassuoni
  • Realtor
  • Bellevue, WA
1,968
Votes |
882
Posts
Sherief Elbassuoni
  • Realtor
  • Bellevue, WA
Replied

@Ross Bennett, congrats on this amazing deal!

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