First Investment House Hack

[Anthony Del Russo]

Investment Info:

Single-family residence buy & hold investment in Philadelphia.

Purchase price: $300,000
Cash invested: $15,000

1700 sqft 3 Bed 3 Bath New Construction Condo. Being used currently as a house hack. Charging 800/room

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

Found on the MLS through an agent

How did you finance this deal?

5% down conventional loan. 3.75% LPMI

What was the outcome?

750/month cashflow. 150 out of pocket per month as a house hack.

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

Carlos Masip in Philadelphia. He is an amazing real estate agent and I would recommend him all day.