First Investment Property at 20

[Jenny Nguyen]

Investment Info:

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

Purchase price: $330,000

Beautiful Duplex, buying with the intention of renovating and renting out.

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

House hacking

How did you finance this deal?

FHA

[Will Bazile]

Firstly congrats on the deal! I am still in the process of that first property so I know it must be exciting to close. I know it's area-dependent but I'm curious what your metrics were for the property that you thought made it a good deal. If it's not too much to ask, what do you plan to rent the units out for and cap rate? 

Congrats again and good luck with the renovations!