Updated about 5 years ago on .
First multi family acquisition
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $52,000
Cash invested: $25,000
triplex won on auction, light rehab, currently fully rented, BRRR to get cash out
What made you interested in investing in this type of deal?
multi family
How did you find this deal and how did you negotiate it?
auction
How did you finance this deal?
private money, my own money
How did you add value to the deal?
rehabbed
What was the outcome?
BRRR
Lessons learned? Challenges?
none, was a smooth project
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
nah
