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Updated over 3 years ago on . Most recent reply

User Stats

13
Posts
7
Votes
Reid Sealby
  • Investor
  • Denver, CO
7
Votes |
13
Posts

Our first house hack!

Reid Sealby
  • Investor
  • Denver, CO
Posted

Investment Info:

Single-family residence buy & hold investment in Arvada.

Purchase price: $520,000

SFH, Launching Airbnb out of our basement in November!

What made you interested in investing in this type of deal?

It will pay our entire mortgage, and with the excess cash, we can begin saving for down payment #2!

How did you find this deal and how did you negotiate it?

Good Neighbor Realty!

How did you finance this deal?

VA Loan ($0 down)

How did you add value to the deal?

Househacking primary residence, Airbnb out of basement.

What was the outcome?

TBD! Great so far!

Lessons learned? Challenges?

TBD!

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

GOOD NEIGHBOR!!

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