First Investment- Duplex House Hack in Iowa City

[Zane Clarke]

Investment Info:

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

Purchase price: $170,500

Duplex
2 bedrooms 1 bathroom per unit
Unrented Garage
Big back yard and deck off upper unit

What made you interested in investing in this type of deal?

Being able to House Hack it!

How did you find this deal and how did you negotiate it?

MLS

How did you finance this deal?

Conventional Loan through Credit Union

How did you add value to the deal?

Renovations
-Vinyl windows
-Kitchen Cupboards
-Front Door
-stone vinyl siding

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Worked with a realtor from Remax, whom I would not recommend.

[AJ Leman]

Nice work! Congrats on the deal - looks like a good one!

Best-

AJ