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Updated almost 5 years ago,
2-family House Hack on Long Island
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Valley Stream.
House hacking a 2-family unit in the New York area.
What made you interested in investing in this type of deal?
Potential for financial freedom.
How did you find this deal and how did you negotiate it?
Deal was found FSBO.
How did you finance this deal?
Conventional 30-year mortgage.
How did you add value to the deal?
One of the 2 units needed TLC and was reflected in the purchase price.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Abel Curiel at EXP Realty was phenomenal working with us as first-time homebuyers. We did our research on house-hacking but it having someone who understood the strategy to help us execute our vision was huge.