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Updated over 1 year ago,

User Stats

43
Posts
43
Votes
Ken Livingston
Pro Member
43
Votes |
43
Posts

Closed on my first multi family today. How'd I do?

Ken Livingston
Pro Member
Posted

https://www.biggerpockets.com/...

Its in Mount Olive NJ. 2 family. We are in the 2 bed 1 bath downstairs with a 1/1 upstairs. Will be staying for a year to satisfy the loan requirement. used a portfolio lender so only had to put down 10.5% with no PMI, however had to close a 37K gap from loan and assessment. Came with the tenant already in place. little bit of mostly cosmetic fixing to be done.

  What you guys think?

  • Ken Livingston
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