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Updated about 1 year ago,

Preston Dean's profile image
Preston Dean's profile image
Preston Dean
Agent
Pro Member
  • Realtor
  • from Fort Worth, TX
  • Member since Nov 22, 2021
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User Stats

662
Posts
315
Votes
Preston Dean's profile image
Preston Dean's profile image
Preston Dean
Agent
Pro Member
  • Realtor
  • from Fort Worth, TX
  • Member since Nov 22, 2021
Connect
Preston Dean
Agent
Pro Member
  • Realtor
  • Fort Worth, TX
315
Votes |
662
Posts
Real Estate Deal Analysis & Advice

Primary residence turned into rental

Preston Dean
Agent
Pro Member
  • Realtor
  • Fort Worth, TX
Posted

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $175,000
Cash invested: $12,000

Purchased a single family property in Fort Worth as a primary residence via house hack. Purchase was with a 3% conventional loan of $170K with current ARV at $235K. Lived in it for 2 years and is currently rented.

How did you finance this deal?

Conventional 3% down payment

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UNITED REAL ESTATE | DFW
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