Purchasing first investment property

[Marietta Miller]

Investment Info:

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

Purchase price: $270,000
Cash invested: $10,000

Under contract with first investment property. Triplex in a fairly rough area.

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

As a property manager, managing and turning around this type of property brings me great joy. The challenge is exciting.

How did you finance this deal?

Owner occupied/FHA