First Investment (hopefully 1st of many)
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Middletown.
Purchase price: $180,000
Cash invested: $8,000
Was searching for a multi-family home with at least 2 apts got lucky and submitted 1st offer to a bank for under the asking price and got it accepted! They were looking at 1 offer at a time.
What made you interested in investing in this type of deal?
Cashflow and assets
How did you find this deal and how did you negotiate it?
Regular apps such as zillow and realtor
How did you finance this deal?
Mortgage