Single-family residence other investment in Austin.
Purchase price: $230,000
Cash invested: $23,000
House hack in Austin Texas
What made you interested in investing in this type of deal?
Lowering housing expenses, and holding long term in a competitive market
How did you find this deal and how did you negotiate it?
How did you finance this deal?
10% down FHA loan
@Zach Kracht why did you have to put 10% down on an FHA loan? Great job on this!
@Zach Kracht Great move and you picked a smart location as well. I predict the southeast Austin area will see significant construction and improvements over the next decade. There is a lot of land and commercial developments are just now in the works (shopping, restaurants, grocery, etc).
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