Multi-Family in Summerville SC

[Jose Rey]

Investment Info:

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

Purchase price: $294,000
Cash invested: $11,000

3 plex, 2 units rented long term and one furnished and rented as an STR.

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

The income potential for this property was obvious to me when I saw it.

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

MLS

How did you finance this deal?

Conventional loan, house hack

How did you add value to the deal?

Finished an unfinished loft space and converted it to a 3rd unit

What was the outcome?

3 unit property instead of 2!

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

Myself ;-)