First House Hacking Experience

[Nathan Dehn]

Investment Info:

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

Purchase price: $122,000
Cash invested: $3,500
Sale price: $162,000

Purchased a small duplex with an FHA loan where I live in one unit and renting the other out. This was our first investment property we bought and has turned out really well! Biggest thing I learned is that a good tenant makes investing fun!
Bought with only $5k down. Lost $10k during ownership (because we lived in it for 2 years). And sold it for a $40k profit 4 years later.