1st Duplex Househack

1st Duplex Househack

Investor · TN · Member since 2021 · 16 posts · 4 votes

Investment Info:

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

Purchase price: $145,000
Cash invested: $7,000

First House Hack.

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

Josh Barr

How did you finance this deal?

Traditional

How did you add value to the deal?

Redoing the kitchen sub floor.

What was the outcome?

Currently renting out both sides.

Lessons learned? Challenges?

Could've taken a bigger bite.

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  • Noah BaconPro Member
    Property Manager · Lansdale, PA · Member since 2021 · 844 posts · 1k+ votes
    3y

    Congrats on your first house hack, Benjamin! Are you going to look to refinance after you add value to the home? 

  • Solo 401k Expert · Anaheim Hills, CA · Member since 2012 · 18k+ posts · 6k+ votes
    3y

    Way to go, congrats @Benjamin Stacey ! 

  • Investor · TN · Member since 2021 · 16 posts · 4 votes
    3y
    Quote from @Noah Bacon:

    Congrats on your first house hack, Benjamin! Are you going to look to refinance after you add value to the home? 

    No not at this time. Thanks for reaching out. 
  • Shannon BunyardPro Member
    Member since 2017 · 26 posts · 8 votes
    3y

    Congratulations on this!  I wish you all the best of luck on your investing journey!

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