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Updated over 4 years ago,
My Journey Starts Here
Investment Info:
Single-family residence buy & hold investment in Atlanta.
My goal for my first property was to negate my then current living expense (rent) and if I cash flowed then that would be great! With this property I was able to achieve that goal AND cash flow $440 a month!
What made you interested in investing in this type of deal?
Between reading Set For Life by Scott Trench and listening to BP podcast I realized I was in a situation to make a house hack happen right then and there. So instead of my roomates and I paying someone else mortgage they are now paying for mine!
How did you find this deal and how did you negotiate it?
I found the deal on Zillow
How did you finance this deal?
FHA loan 3.5 percent down
Lessons learned? Challenges?
So far what im learning is that "Newly Renovated" doesnt mean it was done well. Having to work through some minor utility issues but nothing major.