Small multi-family (2-4 units) buy & hold investment in Minneapolis.
Purchase price: $185,000
Cash invested: $185,000
What made you interested in investing in this type of deal?
Sold previous home, desire to have a rental property as an investment.
How did you find this deal and how did you negotiate it?
Browsed internet and listings sent by realtor. Offered a cash offer with quick closing (beat out other offers that needed financing).
How did you finance this deal?
Cash from Home Sale, Savings
How did you add value to the deal?
What was the outcome?
Solid Rental Income, a few minor maintenance issues but overall a good property.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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