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Updated over 3 years ago,
House hack to buy and hold single family investment
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $225,000
Cash invested: $12,500
Single family home purchased and house hacked rooms for 2 years. Now rent entire home
What made you interested in investing in this type of deal?
Location
How did you find this deal and how did you negotiate it?
MLS
How did you finance this deal?
FHA
How did you add value to the deal?
Researching area before hand
What was the outcome?
$50K gain in equity in <2 years
Lessons learned? Challenges?
house hacking single family can be difficult
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Real Estate Agent: Charles Isaac
Lender: Matt Dickens