Updated over 7 years ago on . Most recent reply
My first rental property
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Williamston.
Purchase price: $140,000
Cash invested: $10,000
Duplex, owner occupied property
How did you finance this deal?
VA low interest loan
How did you add value to the deal?
I live in one side while the other pays my mortgage.
What was the outcome?
So far so good.
Lessons learned? Challenges?
Taxes are high on investment property.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Yes