House Hack of Primary Residence

[Jessica Perkins]

Investment Info:

Single-family residence other investment.

Purchase price: $245,000
Cash invested: $58,000

House Hack

What made you interested in investing in this type of deal?

I was looking for a single family residence for me to potentially start a family in one day.

How did you find this deal and how did you negotiate it?

MLS - No real negotiations since the market was on the rise in 2014.

How did you finance this deal?

Conventional Loan

How did you add value to the deal?

Appreciation over time along with minor updates here and there.

What was the outcome?

Started renting out spare bedrooms to cover all or most of the mortgage.