Updated almost 4 years ago on . Most recent reply
3 Family Investment Property in West Hartford, CT
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $379,000
Cash invested: $94,750
Our first 3 family property we purchased in West Hartford, CT. Very nice cash flowing property with occasional headaches that come with owning rental property.
What made you interested in investing in this type of deal?
We had read Rich Dad Poor Dad and felt real estate was the way to go.
How did you find this deal and how did you negotiate it?
We found it off the MLS
How did you finance this deal?
Conventional financing
How did you add value to the deal?
Closed quickly
What was the outcome?
A very nice cash flowing 3 family in West Hartford, CT
Lessons learned? Challenges?
Always make sure due diligence is done properly