Investment Info:

Condo buy & hold investment in Arlington.

Purchase price: $332,000
Cash invested: $27,000

1st Real Estate Investment! Househacking near D.C. and paying $400 a month to live with friends.

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

Looking to subsidize my living expenses, while still living near popular areas. Also, wanted to take action and start my real estate investing career. 

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

MLS, real estate agent.

How did you finance this deal?

Conventional loan (5% downpayment)

Originally posted by @Nic Logan :

Investment Info:

Condo buy & hold investment in Arlington.

Purchase price: $332,000
Cash invested: $27,000

1st Real Estate Investment! Househacking near D.C. and paying $400 a month to live with friends.

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

Looking to subsidize my living expenses, while still living near popular areas. Also, wanted to take action and start my real estate investing career. 

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

MLS, real estate agent.

How did you finance this deal?

Conventional loan (5% downpayment)

Congrats, Nic! DC native here, so I know how expensive the area is now. Super smart move. I wish I had known about househacking when I was starting out. Good job!

Thanks Jon! It was a good place to start, now onto the next deal.