4plex has been great but its time to move up!
Investment Info:
Small multi-family (2-4 units) buy & hold investment in South Gate.
Purchase price: $230,000
Cash invested: $7,000
We made this investment in 2001. Now we are ready to move up to a large multi family investment.
How did you finance this deal?
FHA with 3% down.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Yes, our agent also had this listing. We did not have enough cash to close so we asked him to give up some commission and he did to close the deal.