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Updated 6 months ago, 06/25/2024
Buy and Hold
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $250,000
Cash invested: $62,500
Buy and hold investment. Producing 2k/month in cashflow
What made you interested in investing in this type of deal?
Financial freedom
How did you find this deal and how did you negotiate it?
MLS
How did you finance this deal?
Conventional Loan
How did you add value to the deal?
Increase the rents
Lessons learned? Challenges?
Old houses produce a lot of repairs. As long as you can manage the short term, you will succeed in the long term.