Updated about 4 years ago on . Most recent reply
Multi family investment
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $300,000
Cash invested: $75,000
4 plex with 3 LTR units and 1 STR unit
What made you interested in investing in this type of deal?
Good cash flow
How did you find this deal and how did you negotiate it?
MLS
How did you finance this deal?
Conventional with 25% down on 20 yr note
How did you add value to the deal?
Everything is new and we pay for internet
What was the outcome?
3 LTR's rented cash flowing $300/mo. STR projections to net $1100/mo.