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Updated over 1 year ago,

User Stats

34
Posts
15
Votes
Albert Sousa
Pro Member
  • Lender
  • Fort Walton Beach, FL
15
Votes |
34
Posts

House-hack, turned LTR, turned flip

Albert Sousa
Pro Member
  • Lender
  • Fort Walton Beach, FL
Posted

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $154,000
Cash invested: $7,000
Sale price: $285,000

Bought as a primary residence and house-hacked my additional bedrooms. Then when i moved out of state i rented it out and learned many many lessons. After a renter caused lots of damage, (holes in walls, missing doors, broken windows, pest problems, and more) it forced me into learning how to flip a property. We fixed it up and sold it for a solid profit. This was a testament to time in the market curing my many problems/mistakes

How did you finance this deal?

FHA

  • Albert Sousa
  • Loading replies...