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Updated over 5 years ago,

User Stats

10
Posts
0
Votes
Gabriel Combs
  • Real Estate Agent
  • Champaign, IL
0
Votes |
10
Posts

521 E Mulberry St. Bloomington, IL

Gabriel Combs
  • Real Estate Agent
  • Champaign, IL
Posted

Investment Info:

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

Purchase price: $65,000
Cash invested: $6,670

Owner house hacking, so only one unit rented currently. Capital repairs made, closing costs, and down payment are reflected in cash invested. Utilities is only monthly out of pocket expense.

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

House hack method

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

Zillow

How did you finance this deal?

Mortgage loan

Lessons learned? Challenges?

Even if it seems like something is bad, don't stress because its either not really that bad or can be resolved.