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Updated over 5 years ago,
Second Property - Giving me confidence to do more!
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $88,000
Cash invested: $25,000
I'd like to introduce you to my 2nd property. It's my first Foreclosure REO purchase. ? I put 25% down and put another 10k to remodel. Did a refinance 6 months after and get most of my invested money back. Love this property!
This property gave me the assurance and confirmation why I should do real estate. It gave me cashflow and force appreciation in the short amount of time.