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Updated about 5 years ago on .
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1st purchases 2015.
Investment Info:
Single-family residence buy & hold investment in Jacksonville.
Purchase price: $133,000
Cash invested: $10,000
Closed on this property in 2015, with very little money in the bank. I needed a place to live, I was able to house hack with only paying $300 a month towards my mortgage for a few years.
What made you interested in investing in this type of deal?
I needed a place to live. Perfect house hack.
How did you find this deal and how did you negotiate it?
My friend was my Realtor.
How did you finance this deal?
VA Loan 30 Year fixed
What was the outcome?
Renting for $900 payment is $800
Lessons learned? Challenges?
I needed to learn more properties, I didn't know anything!
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- Joshua Eudy