House hack in Garifeld

[Mark F.]

Investment Info:

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

Purchase price: $492,500
Cash invested: $16,500

Two family in Garfield.

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

House hack with potential to cash flow once I left.

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

MLS with realtor.

How did you finance this deal?

VA loan.

Lessons learned? Challenges?

Home buying process is different in NJ than what I was used to. Have great team members and drop the ones who are not performing to your standard.

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

Thomas Corrente realtor, Todd at Brightwire Loans.