All Forum Posts by: Aiden White

Investment Info:

Single-family residence buy & hold investment in Madison.

Purchase price: $305,000

Officially closed on my 2nd property. This will be a house hack with a hint of BRRRR. Bought for 305k appraised for over 350k in AS-IS condition. ARV will be close too $375000 with landscaping and finishing work. I plan on living in this with roommates for 2 years and going onto the next deal. My 1st property will officially be a full rental rather than a house hack with some cash flow.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $305,000

Officially closed on my 2nd property. This will be a house hack with a hint of BRRRR. Bought for 305k appraised for over 350k in AS-IS condition. ARV will be close too $375000 with landscaping and finishing work. I plan on living in this with roommates for 2 years and going onto the next deal. My 1st property will officially be a full rental rather than a house hack with some cash flow.

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

This one just came across the table, as a deal too good to pass up. Was originally looking for a duplex.

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

I found this as a pending deal and wrote sight unseen.

How did you finance this deal?

Traditional Mortage.

How did you add value to the deal?

I will be doing all finishing work, Converting a 1/2 bath to a full bath, and Landscaping.

Investment Info:

Townhouse buy & hold investment.

Purchase price: $268,000
Cash invested: $53,400

First property that has gotten me into to real-estate investing. House hack.

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

This property was able to kick start my financial freedom at the age of 18. Working in sales had given me the opportunity to buy this first property.

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

This deal was found on the MLS. Negotiations were done with a Realtor (my dad) on an active property.

How did you finance this deal?

Standard Home mortgage

What was the outcome?

Outcome was good. I have a mortgage that pays itself. I do however wish I found bigger pockets before this and leveraged my cash better.

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

Would Highly recommend working with Don White who is the top sales person for Northside single family homes.