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Updated about 5 years ago, 11/02/2019
Short and long term rental
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $545,000
Cash invested: $50,000
Live-in, rehab and hold. Rented out rooms to short and long term tenants.
What made you interested in investing in this type of deal?
Value appreciation, mortgage partially paid by tenants, mortgage interest benefit, increase in property equity.
How did you find this deal and how did you negotiate it?
Real estate agent