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Updated over 5 years ago on .

User Stats

66
Posts
54
Votes
Jordan Mummau
  • Real Estate Agent
  • Hershey, PA
54
Votes |
66
Posts

Primary Residence HELOC

Jordan Mummau
  • Real Estate Agent
  • Hershey, PA
Posted

Investment Info:

Single-family residence buy & hold investment in Annville.

Purchase price: $390,000
Cash invested: $90,000

Primary residence. Purchased after using bridge loan on our first flip primary residence. Purchased for 100K under market and have added additional value over the next couple years of ownership. Serves as our flagship investing platform through the use of an interest only HELOC.