Starter Student Housing Investment

[Aislyn Z.]

Investment Info:

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

Purchase price: $52,000
Cash invested: $10,000
Sale price: $70,000

Multifamily sold with owner financing at 6.75% interest rate on 5 Year Amort and 25% down payment. Owner financing was paid off early (2 Year Note Hold).

Lessons learned? Challenges?

Cash Flow is Important but Having a Team of Real Estate Professionals is Even More Important for a Passive Investment