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Updated over 5 years ago,
My first house, a multifamily.
Investment Info:
Small multi-family (2-4 units) other investment in Westfield.
Purchase price: $205,000
Hello my name is Eli. My wife and I purchased a small multi family last year. We live on the 2nd floor and rent the first floor. We are looking for our next deal.
What made you interested in investing in this type of deal?
I want to gain financial freedom by investing in real estate.
How did you find this deal and how did you negotiate it?
Real Estate agent.
How did you finance this deal?
VA Loan
How did you add value to the deal?
I added value by investing sweat equity.
What was the outcome?
So far so good.
Lessons learned? Challenges?
I learned for the next deal to take my time and be more thorough with inspections.