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Updated over 3 years ago,

User Stats

4
Posts
0
Votes
Maggie Moran
  • Rental Property Investor
  • St. Louis, MO
0
Votes |
4
Posts

House hack to buy and hold single family investment

Maggie Moran
  • Rental Property Investor
  • St. Louis, MO
Posted

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