Updated almost 10 years ago on . Most recent reply

First property! First Multifamily!
Well after many months studying REI, we took the plunge with a 6 plex. It is 3 small duplexes on a lot. Cash flows well, $1200/month (at least for first attempt). Pretty exciting!
We have also put in another offer a small single family and it has been accepted.
Would like to find a flipper yet this fall to keep the ball rolling.
Off and running ....
Most Popular Reply

@Joe Fairless
We did a conventional loan... I haven't figured out the creative financing yet. I"m sure that will come.