Buy and hold property investment with house hacking option.

[Ruben Banuelos]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $674,000
Cash invested: $15,000

Partnered for investment

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

Cash flow, with a house hacking option.

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

Found a flipper in the area.

How did you finance this deal?

Personal and partnered finance with equity sharing.

How did you add value to the deal?

Renovation(s) with partners cash investment.

What was the outcome?

Increased appraisal, increased rent pricing, increased equity.

Lessons learned? Challenges?

Unexpected pricing, having reserves is paramount!