First Mid-Term Rental Investment

[Matthew Perez]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $375,000
Cash invested: $70,000

Purchased a single family residence three blocks from a level 1 trauma center. Today, I received my first tenant for 70 nights. I plan to refinance after a year (hoping rates are lower), remove PMI, and cash out my investment so that I can buy property #2.

[Matthew Perez]

Quote from @Heidi Braunhardt:

👏 👏 👏 yay they booked for 70 nights! Congrats, Matt! 

It would not have been possible without you! Thank you for walking me through everything, and providing numerous contacts along the way. The best in the biz!