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Updated about 5 years ago,
House hack turned cash flow
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $76,000
Cash invested: $5,000
This was my first house hack, bought under valued property. Did value add on the side while holding FT job, living for free. Turned gross income at 100% occupancy from $700 to $1400 per month
How did you finance this deal?
FHA
How did you add value to the deal?
Flooring, paint, counters, fixtures, bathroom updates, exterior storage