Small multi-family (2-4 units) other investment in Baldwin Park.
Purchase price: $535,000
Cash invested: $605,000
Large lot in commercial zoning.
Half acre, in visible C2 lot with 2 side by side residential homes
How did you find this deal and how did you negotiate it?
How did you finance this deal?
Live in one
How did you add value to the deal?
What was the outcome?
After 15 yrs, no more mortgage.
Lessons learned? Challenges?
Evicted 2 tenants, was hard to manage at first.
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