4 UNIT INVESTMENT - HOUSE HACKING

[Luke Schlabach]

Investment Info:

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

Purchase price: $315,000
Cash invested: $6,000
Sale price: $375,000

This was an excellent deal, it came with 7 storage units too! Great property overall.

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

It was a 4 unit property

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

MLS and my realtor did

How did you finance this deal?

VA loan

How did you add value to the deal?

Increased rent and upgrades

What was the outcome?

Made around 50k from it

Lessons learned? Challenges?

Have a plan for everything

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Yes I did on both and yes