Triplex Investment NH!

[Sarah Martineau]

Investment Info:

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

Purchase price: $500,000
Cash invested: $125,000

Bought a 3 unit property 10 mins away from me!

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

I previously owned a duplex, I love the location of this triplex. I ran the numbers and it cash flowed well!

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

I found it on Zillow! I offered asking price due to multiple offers being put in

How did you finance this deal?

Cash out refinance on my primary house, conventional mortgage 25% down

How did you add value to the deal?

I told sellers they could leave some junk that was in the garages and outside

What was the outcome?

I got the property and now rent it out!