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Updated almost 5 years ago, 01/31/2020

User Stats

70
Posts
34
Votes
Jessica Franco
  • Rental Property Investor
  • Charlotte
34
Votes |
70
Posts

First time house hack

Jessica Franco
  • Rental Property Investor
  • Charlotte
Posted

Investment Info:

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

Purchase price: $178,000
Cash invested: $781

1999 / 3 Bed 2 Bath / 1050 sq ft / side by side duplex. We had a buyer for our previous home and were looking for a multi-family obtain with a VA loan and house hack. When these turn key duplexes came onto the market they were the perfect fit for our needs and at a very opportune time. After 2 days on the market, there were only a few left not under contract. My husband and I checked out the remaining duplexes (All 3 bed 2 baths) and put in an offer on the one that appeared in the best condition

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