Updated over 4 years ago on . Most recent reply
My first buy and hold
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Bridgeport.
Purchase price: $247,000
Cash invested: $10,000
My first investment and first house hacking deal!
What made you interested in investing in this type of deal?
Right outside of the expensive NY Metro market but still great rents
How did you find this deal and how did you negotiate it?
Local real estate agent
How did you finance this deal?
Bank loan
Lessons learned? Challenges?
Tried the first year without a property manager. My tenants drove me to the point where I will never try to take on that responsibility ever again!