House Hacked Investment Rental

[Miles Mixon]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $145,000

Our first home that we house hacked. We moved just a couple years after purchasing and rented it out based on the advise of BiggerPockets and have never regretted it!

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

BiggerPockets

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

Local Realtor

How did you finance this deal?

FHA Financing

How did you add value to the deal?

We converted the garage into an extra room and upgraded the landscaping.

What was the outcome?

We now cashflow $1,000 per month and the house is worth nearly double after appreciation.