Buy and Hold 3 Unit in Conway

[Pete Schmidt]

Investment Info:

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

Purchase price: $170,000
Cash invested: $40,000

Run down 3 unit. Complete minor repair, increased rental income by several hundred, put 2 new tenants in.

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

Good location and ROI

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

MLS

How did you finance this deal?

Bank for finance. Partner for DP.