First Rental Property Investment In The Books...
Liked the numbers on a little 2 family in Catskill, NY..Was looking at buildings throughout the Hudson Valley for my first investment ,but the cash flow is low for the amount of capital to be put down..Decided to redesign my strategy, went on the hunt for multifamily - really enjoying it !! I have a positive cash flow of 4,853 after all is said and done on my first unit, and I feel good about it..I would like to put together a portfolio of 4 to 5 positive cash flow properties -that are similar in size and price -before getting back in the ring with buildings..Learned a lot from the BiggerPockets Community, thanks y'all !!!!!