Multi-family in Central NH-2018

[Tracy Uscinski]

Investment Info:

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

I am working on my first multi-family investment with my fiance. The house and the rental apartment over the garage needed a big hug. Thus far we gutted the apartment, flipped the floor plan and are currently putting the finishing details before listing it for rent for February 1st 2019.

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

I wanted an income property that would allow us more options in the future. We are building multiple streams of income; this is currently one of them. We hope to have several other rentals in the future.

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

We found the deal on the MLS.

How did you finance this deal?

203(k) loan, then refinanced to a conventional loan.