Second Property! Owner Occupied Single Family w/ Basement Apartment

[Chris Gavin]

Investment Info:

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

Purchase price: $445,000
Cash invested: $65,000

This was the house I moved into after my first investment. It is a newly renovated single-family 5/2.5 with a basement 1/1 apartment! I used an owner-occupied loan at 14% down to acquire the property. Great cash flow in a class A community.