4 family buy and hold

[F Thomas Gehrig]

Investment Info:

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

Purchase price: $70,000
Cash invested: $55,000

4 family built in 1990, 2 bedroom 1 bath. Tenant pays utilities

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

make money

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

MLS,

How did you finance this deal?

cash

How did you add value to the deal?

remodel 3 units, upgrade

What was the outcome?

higher rent and better tenants