Cash flowing Triplex in Birmingham

[Jeremy Galloway]

Investment Info:

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

Purchase price: $175,000
Cash invested: $175,000

Triplex has $575 for Unit A 3/2, $750 for Unit B 3/1, and $700 for Unit C 1/1.

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

Cashflowing triplex and it was under the 1% rule.

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

On the market. Since I am a Realtor, I was able to make concessions that other buyers couldn't make.