RIESLEY - 3 FAMILY RENTAL
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Hartford.
Purchase price: $270,000
Cash invested: $78,000
3 FAMILY HOME
How did you finance this deal?
I put 20% down and got a 30 year mortgage .
How did you add value to the deal?
The property was in the midst of renovation when I purchased it. The interior was completely remodeled
Lessons learned? Challenges?
This was my first closing and it was a bit overwhelming. Having to deal with a seller who was not as cooperative as one would think when they are trying to sell their property is a challange in itself but, we got through it.
