Our third investment

[Andy Verge]

Investment Info:

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

Purchase price: $125,000
Cash invested: $26,000

This was a 3 unit all renovated.

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

When we looked at it it was in great shape and really good cash flow.

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

On the MLS

How did you finance this deal?

Bank

How did you add value to the deal?

There was no value add but the cash flow was there,

What was the outcome?

Still holding.

Lessons learned? Challenges?

This one was one of the easy ones we will take that as a win.