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Updated about 4 years ago,
First Investment Property
Investment Info:
Single-family residence other investment in Columbia Heights.
Purchase price: $176,000
Cash invested: $25,000
Currently house hacking this property, will move out and use this as a rental in the next year to cash flow $450 a month!
What made you interested in investing in this type of deal?
It needed minimal work, was move in ready but I was able to put in some sweat equity. New roof on the garage, fully fenced in backyard, small kitchen remodel, and bathroom remodel.