Cashflowing Fourplex in Appreciation Market
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $420,000
Cash invested: $105,000
Fourplex
What made you interested in investing in this type of deal?
Cashflow in appreciation market
How did you find this deal and how did you negotiate it?
MLS and negotiated via our agent after inspections
How did you finance this deal?
Conventional
How did you add value to the deal?
Raised rents
What was the outcome?
Ongoing cashflow
Lessons learned? Challenges?
Good property managers are hard to find
Always check the crawl space
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Yes, Tim Spate