Evergreen house hack!

[Kenny Smith]

Investment Info:

Single-family residence buy & hold investment in Evergreen.

Purchase price: $662,000
Cash invested: $80,000

4 bed, 2 bath Single Family home, 2655 sq ft. This home was very unique for Evergreen in that it was perfectly set up for a house hack, and it is super rare to find them in Evergreen. We knew we always wanted to live in the mountains, and could not stop house hacking! This was a perfect set up as it had a walk out basement/separate unit with 2 beds/1 bath and a kitchenette. We are able to live in the top floor while we STR the basement during the summer months, and MTR during the offseason. The rent doesn't cover our mortgage completely, but covers a good 2/3rds!

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

Evergreen house hack

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

MLS, represented myself as I am a Real Estate Agent.

How did you finance this deal?

Conventional, down payment assistance. We financed the down payment, so with my buyer's agent commission I got back from the seller at closing, not only did we bring $0 to closing, but actually made $5k when we bought the property!

[Sherry McQuage]

Interesting!  Is Evergreen a town?  Being a licensed agent does have it's benefits when buying.