First investment property

2 Replies

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $425,000
Cash invested: $30,000

In the process of buying a small multi-family triplex home in Chehalis, WA.

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

Knowing that if i live in one of the units i will be able to live for free while renting the other two out.

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

asking around, started telling people what i was looking for, then a friend of a friend contacted me selling this triplex before he moves out of state.

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