Triplex; Owner Occupied with Buy & Hold Strategy

[Ruben Velazquez]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $279,000
Cash invested: $70,000

Triplex
Purchase price: $279,000.00
Cash invested: $70,000
Monthly cashflow: $~1,000.00
Owner Occupied for a year and renting out two other units.

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

common sense

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

common sense

How did you finance this deal?

Conventional 30 Year Fixed

How did you add value to the deal?

Rehab

What was the outcome?

Working on it ...

Lessons learned? Challenges?

Still learning ...