2 story with small remodel. House hacking!

[Emanuel Escarpita]

Investment Info:

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

Purchase price: $380,000
Cash invested: $32,000

2 story with basement, drive way in back and 2 car detached garage

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

Financial stability, also want camaro ZL1 in the future haha.

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

Found it on Redfin.com. Had and inspector come so I did get some good credits back.

How did you finance this deal?

FHA 15year loan

How did you add value to the deal?

Kitchen and bathroom remodeled on 1st and 2nd floor. Basement completely gutted and remodeled.

What was the outcome?

Have yet to get there.

Lessons learned? Challenges?

Should of listened to more podcast and read more books. Do your homework!

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

No