Purchased of a 4-family

[Joshua Poitras]

Investment Info:

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

Purchase price: $420,000
Cash invested: $1

Making a comeback into the real estate market with my new 4-family property.

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

good price

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

fellow colleague

How did you finance this deal?

VA

How did you add value to the deal?

Exterior Paint.

What was the outcome?

Positive Cash Flow.

Lessons learned? Challenges?

pushing a unqualifying property through a conventional loan.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

myself.