First Home, to become our first rental property

[Justin Mann]

Investment Info:

Single-family residence buy & hold investment in Mishawaka.

First home, bought from family/friend below market value. Making minor upgrades while saving for second property. Eventually will become first rental property/lease to own/or sell and reinvest.

How did you finance this deal?

30 Year fixed rate mortgage

How did you add value to the deal?

Planning to add egress window for additional square footage and/or egress window for additional bedroom