North Brookfield Short Sale

[Ashley Owens]

Investment Info:

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

Purchase price: $110,000
Cash invested: $17,000

We purchased this property as a short sale from the local bank. It was an eye opening process, largely in how long it took to move through the system. It took us about 15 months from our first offer to the bank until we were able to close. It was great to get experience in short sales and is definitely something I'd do again.