My 1st house hack

[Keith McMiller]

Investment Info:

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

Purchase price: $215,000
Cash invested: $150,000

My first, and so far only, RE investment is my home. I purchased and performed a full gut rehab on a 2-flat with a 203k loan that was a complete and absolute labor of love, I can't stress labor enough. My family and I live in the duplex up, while we rent out the garden unit.

How did you add value to the deal?

We used a 203k to complete a gut rehab