Condo - DuPont, WA (First Deal)
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $158,000
Cash invested: $2,000
Condo purchased with my VA loan as a primary residence before I knew real estate investing was a thing, now it cash flows moderately and has increased in value by $70k over the past 5 years.
How did you finance this deal?
VA loan, 0% down!
Lessons learned? Challenges?
HOAs are a cash flow killer. Be careful.
