Purchase price: $55,000 Cash invested: $440,000 Currently under construction and pre-leased for $6,195/month, this 7-bedroom, 5-bathroom student rental in Clemson, SC, was built using investor cash and designed for high-end student living.

Have an owner's closet, where you lock up your extra inventory so the guests can't use it. 

The land is on two tax lots so my plan is to sell the extra lot immediately after closing for a projected $275K.The property on the other lot will be a fix and flip with projected costs of $240K and an ARV of $750K.I plan to use a PML of 2 points and 12% APY for 70% of the total cost.

Typically this means they will take longer to close, may not have all the information for the companies they work with, and most hard money brokers get their money by taking an existing product and adding extra points to pay their fee.What is your investor success rate?

I think it's just for text, not to talk with a live person.

@Christopher Reynolds My mantra has always been, "Live where you want to live; invest where it makes sense."

We currently live in our forever home with both of our parents on each side of us.

I like the tub (it wasn't cheap, about 12 grand) but there's not great service options where I live and not sure if I would get it again since I mostly have to take care of it. 

House hacking a duplex is a solid way to get started in real estate while keeping your living costs low.

I've been living in my current house hack for ~1.5, and I placed my tenants in September 2023 (lease is up at the end of August).