My first househack/investment!

[Giovanni DiBlasio]

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $380,000
Cash invested: $18,000

Househack!

What made you interested in investing in this type of deal?

Ease of entry, good place to start learning investing

How did you find this deal and how did you negotiate it?

MLS/agent and no negotiation needed!

How did you finance this deal?

FHA Mortgage

How did you add value to the deal?

Completed DIY rehabs to bathroom, living and dining room, and kitchen.

What was the outcome?

Still living rent free!

Lessons learned? Challenges?

Dealing with tenants, unforeseen expenses, construction/rehab costs, etc.