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Updated over 5 years ago on .

User Stats

26
Posts
16
Votes
Chase Cannon
  • Attorney
  • Danville, PA
16
Votes |
26
Posts

House Hacking Project

Chase Cannon
  • Attorney
  • Danville, PA
Posted

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $393,000
Cash invested: $50,000

House hacking project

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

The market that we wanted to live in was to expensive so we picked a home that was one of the worst in the market that had been for sale for over a year.

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

found deal through our realtor

How did you finance this deal?

personal hard money and cashed in savings bonds

How did you add value to the deal?

entire main floor renovation. new kitchen, new roof, recessed lighting

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

Yes, Laura Dunkel (our realtor)