Updated over 6 years ago on .
First rental investmant
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Duplex, rented and hold
What made you interested in investing in this type of deal?
it was 1 of my husband and his family members business. It was our passion
How did you find this deal and how did you negotiate it?
MLS, letters, word of mouth and driving for bucks were something we did.
How did you finance this deal?
with family money
How did you add value to the deal?
went in fixed up, update all things that was out dated, rugs, paint, appliances, windows, landscape,etc
What was the outcome?
Put it on MLS and had many offers, on family member stayed in on side.
Lessons learned? Challenges?
Just keep growing, learning and listening
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
no, we did it on our own.