My Investment Strategy

[Eddie Padilla]

Investment Info:

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

Purchase price: $149,900
Cash invested: $22,350

Multi-Family Home

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

Reading "Rich Dad Poor Dad" made me realize I don't want to buy a home that's a liability where I personally have to go out and work to meet the mortgage payments.

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

FSBO with a fellow investor

How did you finance this deal?

Pathway to purchase and cash

What was the outcome?

Owner/Landlord

Lessons learned? Challenges?

Enforce what's on your lease, never agree to verbal agreements

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

Real Estate Agent- Stormy Elias