New Primary Residence

[Gavin Pelkington]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $225,000
Cash invested: $35,000

Purchased this as a primary residence with a conventional loan allowing me to rent out my first property. My plan would be to live in this for a year and start the process over again. Strategically, this is more of an equity play as it is located in a highly rated public school system and in an area with lots of growth.