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Updated almost 2 years ago,
New comer looking to purchase a second property
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Orange.
Cash invested: $18,000
Triplex with 3 bedrooms, 2 bath each
What made you interested in investing in this type of deal?
As a teenager in the islands I always desired to own a 3 door property. Want to purchase another unit but they want 20% down :(
How did you find this deal and how did you negotiate it?
Searched on Redfin , realtor.com Multi-Fam houses with 9 plus bedrooms and 3 plus bathrooms
How did you finance this deal?
FHA
Lessons learned? Challenges?
Learned to be organized , but I need to learn to screen my tenants well