My first investment was a house hack

[Parius Futch]

Investment Info:

Single-family residence other investment in Oakland.

Purchase price: $300,000

We bought our primary residence 5 years ago. two years later we converted the detached garage into an apartment that we rent to a family member. We currently get below marker rent, however, the potential is much greater.

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

We wanted to get in the game

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

MLS

How did you finance this deal?

conventional financing and borrowing from my 401k

How did you add value to the deal?

created a new living space

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

yes