Buy & Hold in Roseland

[Keith McMiller]

Investment Info:

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

Purchase price: $281,000
Cash invested: $45,000

I'm house hacking this project and so far it's been pretty good. I found this deal on Realtor.com during 2021 when the market was HOT. I was looking for months and was fortunate to see this deal through.

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

This deal was my second house hack and it fit my criteria.

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

This property was on realtor.com and my realtor was able to get this done in a hot market.

How did you finance this deal?

I used the 3.5% down FHA

How did you add value to the deal?

I made some cosmetic and functional improvements. I improved the curb appeal, purchased new windows and doors, updated some of the electrical and plumbing.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I worked with Wendy Lee and she was really good