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Updated over 6 years ago on . Most recent reply

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84
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Samantha P.
  • Real Estate Investor
  • Glenwood, IL
22
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84
Posts

My First investment!

Samantha P.
  • Real Estate Investor
  • Glenwood, IL
Posted

Investment Info:

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

Purchase price: $125,000
Cash invested: $5,200

2 unit building with 4 bedrooms and two baths in each unit. Upstairs and downstairs in each unit.

Most Popular Reply

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75
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Nick Heil
  • Specialist
  • Corry, PA
67
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75
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Nick Heil
  • Specialist
  • Corry, PA
Replied

Congrats Samantha! I know nothing about the Chicago market and I'm from a rural area, but $125,000 in a large market like that for a multifamily sounds like a pretty solid deal on the face of it. What are you getting for rent? Also, that is an impressive low down payment amount for a property of that value, too.

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