2 unit Multi-Family with 6 total bedrooms & 2 bathrooms

[Jordan Caruso]

Investment Info:

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

Purchase price: $700,000
Cash invested: $700,000

Two Family home. 3 Bedroom / 1 Bathroom in each unit. Backyard and detached garage.

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

Opportunity to make passive income

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

Local MLS. I negotiated myself.

How did you finance this deal?

Private Lender

How did you add value to the deal?

Renovated first floor unit.

What was the outcome?

Still own the property and cash flow about $4,600 per month

Lessons learned? Challenges?

Do your due dilligance