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Updated about 4 years ago on . Most recent reply

Account Closed
2
Votes |
10
Posts

House Hacked my way back to NYC

Account Closed
Posted

Investment Info:

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

Purchase price: $1,750,000
Cash invested: $500,000

My husband and I bought a beautiful semi renovated 3 family unit in Brooklyn to bring us back to the city after being away during th pandemic. This investment is about REPs and learning how to do things yourself while also lowering expenses.

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

House hacking, more space

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

Realtor

How did you finance this deal?

cash and 30 year

Lessons learned? Challenges?

Now that we are here, the challenge is to raise money to renovate and keep moving in attaining financial freedom.

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