Cohoes Property 1st Investment

[Mohammed Bala]

Investment Info:

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

My First Income Property Investment

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

Needed to start creating my own Revenue/Income Stream outside from work, so I started Investing in Income Properties

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

Found it on Zillow and Contacted the Realtor. Not much Negotiation was done, didn't know any better. But so far a good Investment, bring in Monthly Income

How did you finance this deal?

Conventional Mortgage

What was the outcome?

Own it , Bringing in Monthly Income

Lessons learned? Challenges?

I could've negotiated for a better deal.
There are better ways to Invest the Money I put down like the BRRR Method but I need to learn that Method now

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

Yes i got a really good Realtor and Lender in the Area. Contact me if you want me to refer you