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Updated over 5 years ago,

User Stats

36
Posts
11
Votes
Monte Blackwell
  • Rental Property Investor
  • Mcallen, TX
11
Votes |
36
Posts

2-4 Multi Family Buy and Hold

Monte Blackwell
  • Rental Property Investor
  • Mcallen, TX
Posted

Investment Info:

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

Purchase price: $185,000
Cash invested: $20,000

4 Plex all 2/2's

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

Retirement

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

always looking and negotiated with sellers.

How did you finance this deal?

Conventional

How did you add value to the deal?

Experience in RE

What was the outcome?

Success

Lessons learned? Challenges?

How to deal with tenants.

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

No