Bought our first investment property

[Jaspreet Singh]

Investment Info:

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

Purchase price: $1,250,000
Cash invested: $312,000

Signed the papers on the first investment yesterday. A 4-plex in San Jose.

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

Friend knew the selling agent

How did you finance this deal?

HELOC from the house, used it as down payment. Bought it with 5 friends.