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Updated over 5 years ago,
My first House Hack!
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $120,000
Cash invested: $11,000
House Hack #1
What made you interested in investing in this type of deal?
An easy way to cut living expenses and walk way a year later with a cash flowing property.
How did you find this deal and how did you negotiate it?
MLS
How did you finance this deal?
I did a cash offer, because I used a hard money lender; which I am refinancing with in the next month.
How did you add value to the deal?
I upgraded the back unit, (which we currently live in.
Lessons learned? Challenges?
I learned about Hard Money!