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Updated over 5 years ago on .

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AJ Basu
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6
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My first property - MFH

AJ Basu
Posted

Investment Info:

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

Purchase price: $425,000
Cash invested: $30,000

Duplex. Househacked for a year. Refinanced.

How did you finance this deal?

First time home buyer. 3.5% down payment. $5K seller credit.

Lessons learned? Challenges?

Paid about 25K too much, but didn't want to lose out on the deal since it was a new construction home.