HOUSE HACKING MY WAY TO FI

[Kendra Levy]

Investment Info:

Single-family residence buy & hold investment in Westminster.

Purchase price: $382,000
Cash invested: $10,000

Contributors:
Craig Curelop

This was my first house hack!

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

It was a great way to buy a more expensive property with little to no down payment.

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

Craig Curelop found this amazing house...we saw it within minutes of it coming on the market and put in our offer right away. When you see a deal, you must act quickly! Especially in a hot market like Denver.

How did you finance this deal?

VA loan

How did you add value to the deal?

The yard needed a lot of work...I had some landscapers and other professionals work their magic to give it more curb appeal.

What was the outcome?

I found some great tenants to rent the basement, so now I am living rent free plus building equity in the home :)

Lessons learned? Challenges?

Always get multiple quotes from contractors. I needed some electrical work done after moving in and I got bids between $300-$1500 for the SAME JOB!!!!

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

Craig Curelop is truly the master househacker! I would recommend himto anyone looking to explore this area of REI. I am already planning my next one and he is my go to agent in Denver!