WESTSHORE (CARVER CITY) house hacking

[Andrea W.]

Investment Info:

Small multi-family (2-4 units) other investment in Tampa.

Purchase price: $276,000
Cash invested: $10,000

1/4 ACRE SINGLE FAMILY WESTSHORE (CARVER CITY) WITH DETACHED EFFICIENCY, MOTHER-IN-LAW APARTMENT. PURCHASED FROM FLIPPER.

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

House hacking.

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

RE agent. May have overpaid.

How did you finance this deal?

CU mortgage.

How did you add value to the deal?

Electric, plumbing, pest control, re-painting.

What was the outcome?

Getting ready to resell.

Lessons learned? Challenges?

Don't buy when pressed for time.

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

Only Navy Federal for mortgage.