Small multi-family (2-4 units) buy & hold investment.
Located in Kenosha, WI. After 11 months of evaluating properties and 25+ offers, I had one accepted in November but walked due to attic mold. I planned to bid on this property in December, but it sold—only to fall through due to financing. The seller’s agent later reached out to mine and the rest is history.
What made you interested in investing in this type of deal?
The location! The Kenosha area is booming with urban development.
How did you find this deal and how did you negotiate it?
Small multi-family (2-4 units) buy & hold investment.
Located in Kenosha, WI. After 11 months of evaluating properties and 25+ offers, I had one accepted in November but walked due to attic mold. I planned to bid on this property in December, but it sold—only to fall through due to financing. The seller’s agent later reached out to mine and the rest is history.
What made you interested in investing in this type of deal?
The location! The Kenosha area is booming with urban development.
How did you find this deal and how did you negotiate it?
Through my agent.
How did you finance this deal?
Lender.
Hi @Carli Brunner, welcome to the BP Forum! How much did you pay for this property? Are you house hacking? Did you have to do any rehab? How much are you getting in rent?
Glad to see new investors getting into the market. Tell us a little about your experience, the criteria that was important to you in deciding to pull the trigger on this property.