Updated over 3 years ago on .
My first investment - Fourplex
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $134,000
Cash invested: $155,000
BRRR
What made you interested in investing in this type of deal?
Cash flow and below-market price
How did you find this deal and how did you negotiate it?
Through realtor - was an off-market deal
How did you finance this deal?
Cash
How did you add value to the deal?
Renovation and negotiation
What was the outcome?
Excellent BRRR - money will get back after 3 years
Lessons learned? Challenges?
The biggest challenge - is finding the right deal
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Relator that works with off-market deals
