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Updated over 5 years ago on . Most recent reply

User Stats

11
Posts
1
Votes
Alex Korch
  • Emmaus pa
1
Votes |
11
Posts

First investment property.

Alex Korch
  • Emmaus pa
Posted

Investment Info:

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

Purchase price: $228,000
Cash invested: $45,600

4 unit in an up and coming area. No real work had to be done. The cash flow is after debt service. This is our first property hoping to get 2 more like this before the end of 2019.

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

Cash Flow

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

I have a commercial realtor.

How did you finance this deal?

Small commercial property lender.

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