my first condo is now an investment property.

[Michael L Sakey]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $120,000
Cash invested: $5,000

My first piece of property ever owned. Lived in the condo as my own home for 5 years and now have it rented. Barely cash-flowing but paying down equity. Once I can refinance out of PMI.

How did you finance this deal?

FHA First time how owners and Obamas $8000 tax credit.