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Updated over 4 years ago on . Most recent reply

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John K. Lake
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First time property buyer looking to invest in a double 4-plex

John K. Lake
Posted

I am looking to buy my very first property in the North Dakota region. I found a double 4-plex for sale with an asking price of $112,900. Five leases are in place and I would move myself into one of the remaining units in order to house hack. I am a long haul truck driver that is not home regularly. Whether that is good or bad remains to be seen but I would hope to be home more often in the near future. I will contact the listing agent to find out more information about this property. In the meantime, I am looking to save up for a reasonable down payment although I would like to make the house hack work for me in order to get a good small down payment. I will keep everyone updated as to how I am progressing. The property does not look like it needs much in the way of repairs and is reasonably maintained. This is also a rural property. That is my biggest concern with what could be a small market for renters.

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