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Updated about 2 years ago, 11/15/2022

User Stats

44
Posts
21
Votes
Nathan Olds
Pro Member
  • Rental Property Investor
  • Margate, FL
21
Votes |
44
Posts

Duplex house hack - first investment property

Nathan Olds
Pro Member
  • Rental Property Investor
  • Margate, FL
Posted
Investment Info:

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

Purchase price: $295,000
Cash invested: $20,000

Duplex that I am house hacking

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

This was my first Real Estate investment. It allowed me to stop paying rent and instead pay down and mortgage and gain valuable hands on experience.

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

MLS

How did you finance this deal?

FHA Loan

How did you add value to the deal?

minor renovations and landscaping

What was the outcome?

Still holding

  • Nathan Olds
  • Loading replies...