SFR 3/2 Leveraged LOC and a credit card!

SFR 3/2 Leveraged LOC and a credit card!

Real Estate Agent · Fayetteville, NC · Member since 2019 · 6 posts · 4 votes

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $64,500
Cash invested: $40,000

SFR 3/2 converted into a 4/3... Definitely didn't need the full bed and bath addition but seemed to make sense at the time. Multiple refi's later = no factor. Complete HVAC replacement one month after the first tenant moved in!!! Didn't see that coming!

0Reply
7 views

No replies yet. Be the first to reply to this discussion.

Join the conversationCreate a free account to reply, vote on answers and follow this thread.