My first property I bought to turn into 3 units.
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Hastings.
Purchase price: $175,000
Cash invested: $2,500
Two for one. I'm going to turn it into three 3 bedroom units.
What made you interested in investing in this type of deal?
The Cash Flow!
How did you find this deal and how did you negotiate it?
MLS. Just paid asking price.
How did you finance this deal?
FHA Home Mortgage