Cashflow looking to retirement

[Edwin Wold]

Investment Info:

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

Purchase price: $170,000

I purchased multiple 4 plexes during the recession and rent them out for cashflow and to base my passive-income retirement on.

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

Cashflow

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

MLS. I negotiated them myself.

How did you finance this deal?

Mortgage and some seller financing.

How did you add value to the deal?

Fix and hold

What was the outcome?

Excellent monthly cashflow.

Lessons learned? Challenges?

Be prepared and always buy right.