Updated over 2 years ago on .
Looking to get back into investing
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $115,000
Cash invested: $18,000
Sale price: $148,000
I bought and held for 3yrs making 1200 profit per month then sold making over 40k
What made you interested in investing in this type of deal?
Making residual income
How did you find this deal and how did you negotiate it?
hud research and worked with a great realtor at the time
How did you finance this deal?
Loan through hometown bank
How did you add value to the deal?
Rehab the appt myself and being a good landlord
What was the outcome?
made great money during and at the sale of the property
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Hometown bank and a great realtor