Multi-family investment in Warren,RI

Multi-family investment in Warren,RI

Real Estate Agent · West Kingston, RI · Member since 2013 · 40 posts · 29 votes

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Warren.

Purchase price: $272,000
Cash invested: $40,000

Buy and hold 2-family in Warren,RI currently renting for $2500/mo

What made you interested in investing in this type of deal?

Cash flow

How did you find this deal and how did you negotiate it?

Found on RI MLS

How did you finance this deal?

Conventional Financing

How did you add value to the deal?

Updates and repairs

Lessons learned? Challenges?

Process went smoothly

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

No

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