Multifamly triplex house hack

[Curtis Wilgenbusch]

Investment Info:

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

Purchase price: $420,000
Cash invested: $25,000

Income Producing Conforming Triplex in Fort Lauderdale. Two 2 bed/1 bath units and one 1 bed/1 bath unit in a desirable location near amenities including Lauderdale Marine Center and downtown Fort Lauderdale. Renovated units with new appliances, updated central AC, coin laundry and five parking spaces. Also available for sale is the neighboring duplex, 2641 SW 13th Avenue with two 2 bed/1 bath units.

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

Listening to the Bigger Pockets podcasts.

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

It was sent to me by email from Redfin and negotiated through a real estate agent.

How did you finance this deal?

FHA loan