Updated almost 6 years ago on .
Buy & Hold investment
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Newburgh.
Purchase price: $194,000
Cash invested: $46,000
Two family. Two units with two bedrooms & two baths each. One unit $1265 No utilities the other $1700 with utilities
What made you interested in investing in this type of deal?
Great profit potential
How did you find this deal and how did you negotiate it?
I am realtor
How did you finance this deal?
25% down conventional loan nothing held in escrow
How did you add value to the deal?
Just purchased
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Lender Isha O’Grady with Superior Mortgage