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All Forum Posts by: Nicole Lane

Nicole Lane has started 2 posts and replied 2 times.

Hi Everyone, I'm a first time home owner, with a rental unit on property. Looking for advice feedback and mentorship from anyone whose done this before. What is the market like in AZ for tiny homes? I'm interested in starting a tiny home community after this home is paid off in a few years time.

Investment Info:

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

Purchase price: $80,000
Cash invested: $10,000

First Investment, house hacking, fixer upper, using as core investment to build on to while learning to make small tiny homes to sell.

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

The potential of the two homes on site having this home be paid off by renters.

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

I found this deal online, and negotiated through a title agency and phone calls and emails.

How did you finance this deal?

10k cash upfront and through a title loan.

How did you add value to the deal?

N/A

What was the outcome?

N/A