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Updated over 3 years ago,
Househacking townhouse with travel nurses in Richmond Virginia
Investment Info:
Townhouse other investment.
Purchase price: $325,000
Cash invested: $40,000
Currently house hacking our townhome with travel nurses
What made you interested in investing in this type of deal?
More money to max out our retirement accounts and to save for other properties
How did you find this deal and how did you negotiate it?
Not a deal exactly but I was specifically looking for a townhouse with exterior maintenance built in to the mortgage as I travel 70% of the time.
How did you finance this deal?
Conventional loan
How did you add value to the deal?
Had my ducks in a row and put most of my energy into getting the nurses suite set up!
What was the outcome?
constantly rented out to the point we can pick and choose between a few nurses
Lessons learned? Challenges?
No challenges :)
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
I went through redfin - I would not do that again.