My co-living investment property
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $315,000
Cash invested: $45,000
Multifamily home with two apartments one with one bed one bath one with two beds and one bath and the main house with five beds three baths
What made you interested in investing in this type of deal?
My numbers said $1500/month candle
How did you find this deal and how did you negotiate it?
My all star agent and a great lender
How did you finance this deal?
100% VA backed loan
How did you add value to the deal?
Garage conversion Deb conversion half bath conversion
What was the outcome?
It’s a big beautiful cash cow
Lessons learned? Challenges?
Don’t short cut management in co living
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
All star agent great lender and an all star GC