All Forum Posts by: Brandon Hoag
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Post: First Rental Property that we have bought
Brandon Hoag
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Pro Member
- Chelsea, MI
- Posts 1
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $129,000
Cash invested: $33,000
This is an up / down duplex. First property we have bought.
What made you interested in investing in this type of deal?
I have wanted to get into this for years and it was finally the right time.
How did you find this deal and how did you negotiate it?
Found it on Zillow and used a realtor to make it happen
How did you finance this deal?
Conventional loan
How did you add value to the deal?
This is yet to be determined but the current plan is new windows and fix the porches.