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Updated almost 2 years ago,
Home residence basement into rental
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $465,000
Cash invested: $100,000
Bought, renovated basement, has been rented since completion date.
What made you interested in investing in this type of deal?
Made my first house make sense.
How did you find this deal and how did you negotiate it?
Found it through a broker, bided and got it.
How did you finance this deal?
30 year fixed.
What was the outcome?
Still living there, paying 2/3rds of PITI
Lessons learned? Challenges?
2 in 1 makes so much sense
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Rambo Halpren--agent, fantastic--gets you what you want and doesn't waste any time