Buy and hold, SF, Oregon
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Hillsboro.
Purchase price: $490,000
This was my first property. Multifamily buy & hold
How did you finance this deal?
Va loan
Jay HinrichsPremium
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Jay HinrichsPremium#1 All Forums Contributor
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thats a really good buy if its in decent shape !!! congrats.
@Jay Hinrichs thanks!
It was good enough for a VA loan so there's that. The biggest issue was having far below market rents when I purchased. At competitive market rates now and still have original tenants. I've kept 100% occupancy since I purchased it.
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Robin SimonPremium#1 Mortgage Brokers & Lenders Contributor
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Robin SimonPremium#1 Mortgage Brokers & Lenders Contributor
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Congrats, nice work
