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Updated over 2 years ago,
First Time House Hacking
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Lexington.
Purchase price: $275,000
Cash invested: $20,000
My first ever house hack! Purchased a beautiful 2 bed, 2 bath duplex in KY. Very excited to begin my real estate investing journey!
What made you interested in investing in this type of deal?
I'm beginning my real estate investing journey and house hacking is the best way to start!
How did you find this deal and how did you negotiate it?
MLS
How did you finance this deal?
FHA loan, 3.5% down
Lessons learned? Challenges?
Learned the home buying process, how to communicate with a team, the steps for financing, and many other lessons and challenges.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Realtor: G Tekeli with United Real Estate
Lender: Mitch Florence with Guranteed Rate