Our First Step to Financial Freedom!

[Jacob Sheets]

Investment Info:

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

Purchase price: $133,000

Househack time!!! After graduating from UW Whitewater, my wife and I found the perfect place to start in our investment strategy. We have been living in the lower unit of the property since closing and used every second of extra time to fix up the upper unit. Our upper rental covers almost all our expenses, and once we move to our next multifamily project (likely 4 unit), we will rent out the lower and it the property will cash flow like crazy!

How did you finance this deal?

Owner occupied allowed us to access 3% down options, but the loan we went with was a 5% down due to their in-house rules regarding multifamily minimum down payments.