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Updated almost 4 years ago,

User Stats

209
Posts
157
Votes
Maurice Smith
Pro Member
157
Votes |
209
Posts

11 offers later ...finally closed on my Triplex in California!

Maurice Smith
Pro Member
Posted

just closed on my 2nd small multi family after 11 offers ! Took me 8 months to finally get into escrow on a cash flowing property with terms that met my requirements.  It’s a triplex 3/2 each unit 2 car garage with front and back yards. I purchased it for around 700k located in the suburbs of Tracy, ca. With very little money down,  I got a 2.6% rate locked for 30 years This will be my 2nd property in 2 years... I purchased my 4 plex in 2019 and got my offer accepted on this triplex the end of 2020. I’m on track to by another small multi by the end of the year. So far I have a total of 7 doors and over 1 million dollars of cash flowing property that I control at the age of 28. The Best part is , I was able to sign my closing doc out here in Hawaii while on vacation for my 29th birthday  on the 15th. God Is good ! Brandon from bigger pockets if your reading this I’m in your neck of the woods and it’s beautiful even in the winter lol 

  • Maurice Smith