First deal in the books & house hacking it! What do you think?

[Jacob Rickel]

I purchased my first deal, a duplex for 250k. Put 15% down & they paid closing costs. 3 bedroom 2 bath on the side I’m renting $1225 a month. 2 bedroom 1 bath on the side I’m living in, it needs the basement finished still which i plan on doing after I finish flipping a house with my parents. The property also has a 20x30 shop. Everything is in incredible condition. My plan is that once the fliphouse is done & I finish the basement, I will have enough for a down payment on another property & then I’ll rent this entire thing out.