First Investment - Pittsburgh Duplex

[Tim Andy]

Investment Info:

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

Purchase price: $70,000
Cash invested: $17,500

This duplex was my introduction into Real Estate. A property manager helped me find and buy this deal. It wasn't a home run but it got my foot in the door of investing.

How did you finance this deal?

Conventional 30-year mortgage

[Corey Depuy]

@Tim Andy

Well done. While it doesn't sound like you hit the numbers you were aiming for, you at least pulled the trigger, learned some things, and stayed in the black! Forcing some appreciation with the BRRRR should help the numbers for sure moving forward.

I'll be looking to follow the same path this year and start out in similar areas. If you ever want to bounce ideas off of each other, let me know!