Broadmoor Duplex: House Hacking

[Andrew Cruz]

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Colorado Springs.

Purchase price: $525,000
Cash invested: $20,000

Side-by-side duplex, 3B3B each unit

What made you interested in investing in this type of deal?

Wanted to use VA loan and house hack during my military assignment

How did you find this deal and how did you negotiate it?

using MLS, looked at comps and found that it was on the market for a long time.

How did you finance this deal?

VA Loan after utilizing 1-time entitlement fulfillment after I refi'd the Los Angeles condo

[Erin Spradlin]

Nice! We do a lot of house hacking with clients in that area and my parents live close to the zoo. That's a nice find at that price in that area. Are you short or long term renting it?