Our first multi-unit property

[Troy Huczel]

Investment Info:

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

Purchase price: $190,000
Cash invested: $38,650
Sale price: $225,000

Our first multi-unit property. 3 units

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

Getting our feet wet for a multi-unit property

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

Agent

How did you finance this deal?

Did as a conventional primary residence loan so that we had the best rate possible

How did you add value to the deal?

By being me

What was the outcome?

Cash flowed every month and nearly doubled our invested amount

Lessons learned? Challenges?

Section 8 is a blast to work with, not

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

Monica Klus- agent