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Updated about 2 years ago on . Most recent reply
My 1st Multi Family
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $190,000
Cash invested: $50,000
4 Plex Cash Cow.!!!
What made you interested in investing in this type of deal?
High cash flow
How did you finance this deal?
30 year fixed
How did you add value to the deal?
Tenant class swap on all units.
What was the outcome?
All stable with rents at market value.!!
Lessons learned? Challenges?
Older assets cost more to fix. Lol
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Agent only