My first house hack and hungry for more.

[Kenneth White]

I'm closing on my first investment property at the end of the month. I used a FHA and OHFA loan combo to get a 4 unit building in Kettering Oh.

The FHA only requires a 3.5 percent downpayment and the OHFA gives you a 5.1 percent of asking price to help with closing. Having no downpayment is awesome but the monthly expenses are a little high because of the mip and the higher mortgage rate because of the OHFA.

The seller is paying for all the major repairs and I work In Construction so I can do all the cosmetic work and have friends in all the trades.

The other 3 units are occupied. And I'm covering my rent. After all the repairs I plan on upping the rent when the leases are up ( they pay 475 in a 550-600 area) I'm not going to jump the.rent up too high in Hope's to keep the units occupied the 1st year.

I'm happy and excited for this first deal and I know it's going to be a long term investment but now I'm hungry for more and want to get into flipping. I have a mentor and a team to find deals and a team to fix it up but I'm low on capital.

Any investors in the Dayton OH area looking for a guy to bring them deals and make them some money please DM me.