House Hacking Primary Residence

[Trevor Ide]

Investment Info:

Single-family residence other investment.

Purchase price: $270,000
Cash invested: $70,000

Currently house hacking my primary residence, a 4 bed 2 bath home in Abington, PA.

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

Moving out of my moms house

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

Typical house purchase using a realtor, bought more than I could afford by renting our 3 of the 4 rooms

How did you finance this deal?

conventional mortgage 20% down

How did you add value to the deal?

renovations, market increase over time

What was the outcome?

still living here and renting rooms, looking to leverage my equity to get into more rental properties in the city.

Lessons learned? Challenges?

Sick of roomates.