Just finalized my second multi family!
5 Replies
Erik Mazzochi
Rental Property Investor from Seymour, CT
posted 6 months ago
Hello everyone!
Just wanted to share the excitement of my second multi family purchase! I’m new to the investing world but I was able to achieve 5 units within two multi family’s in my first year of investing! I’m currently investing in New Haven county, CT. If there are any other investors in or close to this area that would like to network please let me know. I would love nothing more than to get out there and network with local investors seeing any new knowledge is helpful knowledge! The whole COVID thing seems like it is putting a damper on local meet ups.
Best!
Erik
Tyrone Jackson
Rental Property Investor from New Castle, DE
replied 6 months ago
Congrats, care to share more the deal and financing?
Erik Mazzochi
Rental Property Investor from Seymour, CT
replied 6 months ago
Of course @Tyrone Jackson . The first deal was a two family which I'm currently living in. Financing for that was FHA 3.5 down @195K. Second deal was a three Family, 20% conventional @325K. Two family will cash flow $800 a month after expenses after I move out. Three family will cash flow $1000-$1200 a month after expenses.
Jeff Lamothe
replied 6 months ago
Congratulations @Erik Mazzochi and welcome to the world of multi-family home ownership. I am also in the New Haven Cty area and considering options for my next move since a recent acquisition of a 3 family.
Erik Mazzochi
Rental Property Investor from Seymour, CT
replied 6 months ago
Thank you and greatly appreciate it @Jeff Lamothe ! Hopefully we could catch up at any of the local meet ups in our area! I’m in Seymour, CT
Gaetano Ciambriello
Lender from Fairfield, CT
replied 6 months ago
Congrats @Erik Mazzochi !
Free eBook from BiggerPockets!

Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!
- Actionable advice for getting started,
- Discover the 10 Most Lucrative Real Estate Niches,
- Learn how to get started with or without money,
- Explore Real-Life Strategies for Building Wealth,
- And a LOT more.
Sign up below to download the eBook for FREE today!
We hate spam just as much as you