Single-family residence buy & hold investment.
Purchase price: $130,000
Cash invested: $800
1106 NW 52nd St. is my primary home that I am currently house hacking. I decided to experiment a little and do both traditional rental and Airbnb (private room) for this property. Interestingly enough, this strategy has worked in my favor thus far. I've been able to optimize my NOI from this hack hack, which has not only helped me live for free, but also make a little extra cash to live in my own house!
This house was purchased with a VA loan so it required 0% down. Additionally, the seller covered all my closing costs plus some; therefore, I only spent $800 for this entire transaction (appraisal and inspection).
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