CLOSED ON MY SECOND 2-UNIT PROPERTY TODAY! ELGIN IL

[Dan Gongora]

Good evening BP community,

Dan here. I want to share my experience since purchasing my first property in 2014. in 2014 i purchased my first 2-unit property with $0 down by purchasing with an FHA loan and down payment assistance. i house hacked the property until i had enough equity to cash out refinance to conventional loan. Using this strategy, i just closed on my second 2-unit property using the cash out from my first purchase as down payment for an FHA loan. i will be house hacking this property as well. living in one unit and renting out the other. I will repeat this process as many times as i can. I want to give a special thank you to @Zack Karp @Chris Davis for being true experts in their trade and making this process as smooth as possible.