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39
Posts
6
Votes
Nelson M.
  • Rental Property Investor
  • Northeast PA
6
Votes |
39
Posts

3-unit multi-family in Northeast PA

Nelson M.
  • Rental Property Investor
  • Northeast PA
Posted

Investment Info:

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

Purchase price: $169,000
Cash invested: $14,000

One building with 3 units side by side. Each unit has 2 floors. 2 units are 2BR and 1 unit is 4BR.

What made you interested in investing in this type of deal?

Good price and projected cash flow.

How did you find this deal and how did you negotiate it?

Online through conventional sources

How did you finance this deal?

Local lending company

Lessons learned? Challenges?

If there’s a septic tank always inspect carefully and check the repair history.

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