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Updated over 4 years ago on . Most recent reply
First House Hack Duplex
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $269,000
Cash invested: $5,000
Duplex in Oakwood Ohio
How did you find this deal and how did you negotiate it?
MLS
How did you finance this deal?
VA loan
How did you add value to the deal?
Cosmetic updates - painted and replaced flooring
Lessons learned? Challenges?
The owner was a smoker and the inside of the property was ruined. I expected the property to be turnkey, but it needed a lot of work. Always check for smoke residue!
Most Popular Reply
Originally posted by @Dan Wilson:
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $269,000
Cash invested: $5,000
Duplex in Oakwood Ohio
How did you find this deal and how did you negotiate it?
MLS
How did you finance this deal?
VA loan
How did you add value to the deal?
Cosmetic updates - painted and replaced flooring
Lessons learned? Challenges?
The owner was a smoker and the inside of the property was ruined. I expected the property to be turnkey, but it needed a lot of work. Always check for smoke residue!
Congrats on the property!
- Zeke Liston
- [email protected]
- 614-665-5793
