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Updated over 2 years ago,
multi family rental properties
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Mansfield.
Purchase price: $170,000
2 duplexes
What made you interested in investing in this type of deal?
reduced risk of loosing rental income
How did you find this deal and how did you negotiate it?
Real estate agent.
How did you finance this deal?
creatively
Lessons learned? Challenges?
There were a few things wrong that I didn't see when I looked at them originally. In the future I will at least hire a contractor to take a look at the structure and mechanical, electrical and plumbing systems.