My last buy & hold investment

[Josueth Irigoyen]

Investment Info:

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

Purchase price: $459,000
Cash invested: $6,000

A cash cow rental property applying a house hack strategy

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

High return in cash flow for next years with a 30 year mortgage with very low interest rates, and just in time when I could purchase with an FHA Loan

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

As a realtor specialized in investments I found it on the MLS, with a very motivated seller who contributes with my closing costs

Lessons learned? Challenges?

Find a rental property with tenants saves you a lot of time and stress