First real estate investment

[Robert G Turnier]

Investment Info:

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

Purchase price: $845,000
Cash invested: $560,000

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

location

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

real estate.com
realtor

How did you finance this deal?

conventional

How did you add value to the deal?

remodeled

What was the outcome?

increased rent

Lessons learned? Challenges?

additional costs during remodel