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Updated over 4 years ago on . Most recent reply

User Stats

4
Posts
2
Votes
Torhi Joseph
  • Realtor
  • Tampa, FL
2
Votes |
4
Posts

Story of my First House-Hack

Torhi Joseph
  • Realtor
  • Tampa, FL
Posted

Investment Info:

Single-family residence buy & hold investment in Riverview.

Purchase price: $201,490
Cash invested: $16,000

New Construction home in a developing area.

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

The plan was for me to be able to afford the property on my own, but still house-hack so that I can save as much money as possible. This first home will then become a full rental when I move into my next investment property.

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

The model home was listed on the MLS.

How did you finance this deal?

Through a conventional loan.

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

I was the Real Estate Professional on this transaction, so of course I do recommend myself!

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