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Updated over 2 years ago,
First property purchased after getting back in the RE game.
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Worcester.
Purchase price: $554,900
Cash invested: $138,000
Three Family with 10 Bedrooms located near Clark University and completed renovated by a company that specializes in historical homes.
What made you interested in investing in this type of deal?
Turn-key. Minutes from Universities.
How did you find this deal and how did you negotiate it?
Found this through my agents' daily emails. I knew this was a must have property and immediately took action to get it.
How did you finance this deal?
Commerical loan as well as HELOC for down payment.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Eastern Bank of MA- Adrianna Moschella
RE/MAX Destiny- Clayton Weston