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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?
Im just starting out in real estate investing, 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, 3.5% down
Lessons learned? Challenges?
I learned the home buying process, how to communicate with a team, the steps for financing, and many others!
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Realtor: G Tekeli with United Realty
Lender: Mitch Florence with Guranteed Rate