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All Forum Posts by: Chris Gavin

Chris Gavin has started 2 posts and replied 2 times.

Post: Second Property! Owner Occupied Single Family w/ Basement Apartment

Chris Gavin
Pro Member
Posted
  • Investor
  • Maryland
  • Posts 2
  • Votes 1

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $445,000
Cash invested: $65,000

This was the house I moved into after my first investment. It is a newly renovated single-family 5/2.5 with a basement 1/1 apartment! I used an owner-occupied loan at 14% down to acquire the property. Great cash flow in a class A community.

Post: My First Investment! FHA House Hacked Duplex

Chris Gavin
Pro Member
Posted
  • Investor
  • Maryland
  • Posts 2
  • Votes 1

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $425,000
Cash invested: $16,000

Renovated duplex in a small town with an excellent vacancy and DSCV. FHA and house hacked for first 6 months then moved out because of job move and bought second property.