House Hacking with the help of David Green

[Daniel Cisneros]

Investment Info:

Single-family residence other investment in San Jose.

Purchase price: $800,000
Cash invested: $150,000

First House Hacking in the Silicon Valley/ San Francisco Bay Area

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

This property has a garage conversion which is helping with half of my mortgage

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

I found it on the MLS and was negotiated by the awesome Team lead by David Greene

How did you finance this deal?

conventional financing with 15% down

How did you add value to the deal?

No value add needed this is a turn key property

What was the outcome?

I'm living very cheaply in the comfortably of single family home in the very expensive Silicon Valley/ San Francisco Bay Area Market

Lessons learned? Challenges?

Anything is possible with the right mind set, education and the right team: The David Greene Team!

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

David Greene, totally recommended!

[Daniel Cisneros]

Hi Anthony Morrow, My apologies for my late response. I'm very happy with the deal, the fact that I pay 50% of the mortgage and after 8 months I have almost 10% equity on the property,which makes up for the lack of cash flow. My plan is to move out within a year to house hack another one. I will hold this one for the awhile along with other properties I have in Houston, then once I reach a 4-5 Mill Net Worth, trade it all for a multi at some point. The end plan is to replace my income and multiply it by 2 with cash flow. What's your game plan? do you have any suggestions?