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Updated over 5 years ago,
House Hacking Project
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)