3 family investment was the second house I invested in

[Josh DeBrossard]

Investment Info:

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

Purchase price: $165,000
Cash invested: $40,000

3 family currently rented out.

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

It is always the numbers for me that have to make sense. The price was great for $165,000 with some great rents!

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

I found it on the MLS.

How did you finance this deal?

Used a conventional loan.