Two Unit Apartment Investment in Maryland.

[Yomi Omotoso]

Investment Info:

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

Purchase price: $90,000
Cash invested: $90,000

SFH converted to two units 1 bedroom/1bath apt.

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

Positive cash flow.

Lessons learned? Challenges?

Dealing with banks in getting financing for a beginner is challenging, so I partnered with others to buy the property.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

No, the property was purchased directly from the owner who was retiring.