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Updated about 5 years ago,
This is by far my 4th investment property
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Milwaukee.
Purchase price: $250,000
Cash invested: $62,000
Found a deal off market ,the seller was retiring,therefore,wanted to sell
What made you interested in investing in this type of deal?
Because it was an off market deal with under value market price ,where I could come in and add value ,raise the rents by 100 $
How did you find this deal and how did you negotiate it?
I did a driving for a dollar strategy
How did you finance this deal?
Conventional loan with 25% down
What was the outcome?
My monthly cash flow is 800$ a month