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Updated over 7 years ago on . Most recent reply

Jon Russo's profile image
Jon Russo's profile image
Jon Russo
  • Architect
  • from Newington, Connecticut
  • Member since Jun 4, 2016

User Stats

3
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3
Votes
Jon Russo's profile image
Jon Russo's profile image
Jon Russo
  • Architect
  • from Newington, Connecticut
  • Member since Jun 4, 2016
Jon Russo
  • Architect
  • Newington, CT
3
Votes |
3
Posts
Real Estate Deal Analysis & Advice

First Rental Investment

Jon Russo
  • Architect
  • Newington, CT
Posted

Investment Info:

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

Purchase price: $103,000
Cash invested: $6,750

This was my first experience with real estate investing. It is a two family home with a four car garage located in New Britain, CT. I chose the route of FHA financing and utilized the first time home buyer loan option.

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