First property ever!!!

[Michael Kempf]

Investment Info:

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

Purchase price: $169,500
Cash invested: $49,000

Duplex 3/1 each side.

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

Connected with a local Real estate agent through BP that also was investing his own money in the same areas

How did you finance this deal?

Traditional and used a co-signer to qualify

How did you add value to the deal?

Lipstick on a pig and increased rents to just below market rates

Lessons learned? Challenges?

Dont depsot/withdraw any cash from your bank accounts before the deal is closed!!!

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

Remington Lymann