Eastmoor House Hack - Deal Overview
Source: On market. Worked with realtor to purchase. Purchased in 2017 for $205,000.
Financing: FHA. 3% down. Loan amount $201,286. 4.375% interest. Monthly mortgage, PMI & Escrow - $1,533.07.
Improvements: $25,000. Full renovation over two years, most work done on own.
Strategy: House hack. Purchased low.
Due diligence: Full inspection.
Outcome: Sold in 2019 for $336,000.