First Investment Property at Age 25

[Ashley Herring]

Investment Info:

Townhouse buy & hold investment.

Purchase price: $125,000
Cash invested: $10,000

At age 25 I purchased this property to live in. After construction was completed, I left to move abroad and never even moved in. Although I never rented it out while I was living overseas, I did turn it over to a professional management company in 2018 and it's been an investment property since.

How did you finance this deal?

First time homebuyer.

Lessons learned? Challenges?

I wish I knew more about house hacking AND rental income in my 20's. Start early!