This was our fourth property we added to our portfolio.
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $267,500
Cash invested: $53,500
This is an old 2 room school house that was converted to 4 units.
What made you interested in investing in this type of deal?
The conversion was done very nice.
How did you finance this deal?
Traditional 30 year fixed residential note.