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Updated about 4 years ago on . Most recent reply

User Stats

44
Posts
35
Votes
Kameron Yellin
  • Specialist
  • College Station, TX (college station)
35
Votes |
44
Posts

1 year Sellers finance hold to househack

Kameron Yellin
  • Specialist
  • College Station, TX (college station)
Posted

Investment Info:

Small multi-family (2-4 units) buy & hold investment in College Station.

Purchase price: $173,700
Cash invested: $30,000

Purchase: $173,700
Repairs: $10k to date

Notes: Inherited tenant at $695, rent after renovation $895, currently listed for rent at $995.

Cosmetic renovation, purchased on sellers finance. After inherited tenants move out, I will conduct renovations on that unit and conduct a renovation and house-hack to qualify for owner occupied loans.

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