Fixed up and house-hacked a 4-plex and sold after 4 years

[Rebecca Schwanz]

Investment Info:

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

Purchase price: $142,500
Cash invested: $15,000
Sale price: $395,000

Our first investment. Househacking a four-plex. We painted the entire outside and fixed up the unit we lived in and sold it after four years for a nice profit.

How did you finance this deal?

Local bank

How did you add value to the deal?

We painted the entire outside ourselves and fixed up the unit we lived in.

What was the outcome?

We sold it after 4 years for a large profit