House Hacking my first property

[Shideler Bennett]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $300,000
Cash invested: $50,000

First home that has been fully renovated. Basement and studio apartment are rented to bring in $1600 per month in rent while living there. Mortgage is $1500 per month

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

I needed a home to live in and wanted to have my mortgage covered by the rents.

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

MLS

How did you finance this deal?

Traditional financing

How did you add value to the deal?

Full remodel inside + added living space (300 sqft)

[Luke Trovinger]

Congrats on the house hack @Shideler Bennett! Do you plan to continue house hacking with other properties as well?