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Updated about 1 year ago,
I closed on my first house hack a month ago …
Hi BP universe ,
I currently closed on my first house hack in Orange,NJ about a month ago . A 3-family investment property in which I will occupy 1 unit of course for a year or two . Currently renting a unit to the previous owner and finishing off the final touches for the 3rd unit to rent .
When I closed on the property immediately the appraisal value was $15k over what I paid for it. So $15k in equity at the dotted line .I have good knowledge on strategies for my next hack but I would like to hear some thoughts from the universe .
Thanks