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Updated almost 4 years ago on . Most recent reply

Larry Fullard's profile image
Larry Fullard's profile image
Larry Fullard
  • Investor
  • from Phoenix, AZ
  • Member since May 3, 2019
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User Stats

16
Posts
6
Votes
Larry Fullard's profile image
Larry Fullard's profile image
Larry Fullard
  • Investor
  • from Phoenix, AZ
  • Member since May 3, 2019
Connect
Larry Fullard
  • Investor
  • Phoenix, AZ
6
Votes |
16
Posts
Real Estate Deal Analysis & Advice

7549 N 21st Ave FHA Multifamily

Larry Fullard
  • Investor
  • Phoenix, AZ
Posted

Investment Info:

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

Purchase price: $420,000
Cash invested: $14,700

21st Ave is a multifamily home that contains 3,188 sq ft of land 797 sq ft of living space per unit, was built in 2003. Total of 4 units 2 bed 1 bath.

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

I was able to acquire this property with a FHA loan i during a holiday when most real estate agents said i wouldn't find a cash flowing property

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