Updated about 7 years ago on . Most recent reply
PURCHASED MY DREAM HOME!
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $410,000
My thought process was always sacrifice a little, purchase more properties and eventually buy your dream house, well that all went out the window when I found this house. It's a gorgeous 3 story property along the waterfront with 30,000 square feet of land. I purchased this house & moved out of my first purchase which is now rented out.
Best decision ever. I adore my house!
What made you interested in investing in this type of deal?
I was interested in eventually purchasing a house on the waterfront so that I could have a dock and gazebo out there & live 'the good life' but I wanted to wait a while longer so that I could purchase more buy and holds and my expenses would be offset by all of the cashflow I was making, I just didn't want to wait anymore and made the move :)