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Updated almost 6 years ago on .

User Stats

106
Posts
34
Votes
Jack Yen
  • Rental Property Investor
  • Cary, NC
34
Votes |
106
Posts

House hacking by accident

Jack Yen
  • Rental Property Investor
  • Cary, NC
Posted

Investment Info:

Single-family residence other investment in Morrisville.

Purchase price: $308,000
Cash invested: $60,000

Pre-BP: House hacking by accident. While my wife took a job in GA. We knew she's moving back to NC after her training program finishes in three years and we will need our own place to live. I use the HELOC from the first property as a downpayment. I ended up getting this one because it has so many rooms. My plan was to live in one and rent the rest of the room out. It works out pretty well.

  • Jack Yen