House Hacking My First Deal

[Dylan Rogers]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $160,000
Cash invested: $16,000

Using this property to house hack.

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

It was flipped by my parents and they gifted me equity in the property upon purcahse.

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

Family members

How did you finance this deal?

Conventional Loan

How did you add value to the deal?

Currently remodeling the basement.

What was the outcome?

Using this property to house hack.

Lessons learned? Challenges?

Don't underestimate the cost of fixed expenses.

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

No, it was for sale by owner.