House Hack, Single Family home with rentable ADU

[Ryan Schickerling]

Investment Info:

Single-family residence buy & hold investment in Renton.

Purchase price: $456,000
Cash invested: $21,000

Househacking, 3.5% down conventional loan. Rentable ADU.

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

First property, buy and hold, decrease monthly expenditures

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

Real Estate agent, networking

How did you finance this deal?

Savings + Conventional loan

How did you add value to the deal?

Bought below market value, adding Kitchen and patio