Skip to content
Real Estate Deal Analysis & Advice

User Stats

15
Posts
14
Votes
Jacob Sanders
  • Real Estate Agent
  • Orlando FL, USA
14
Votes |
15
Posts

Buy and hold, SF, Oregon

Jacob Sanders
  • Real Estate Agent
  • Orlando FL, USA
Posted Apr 23 2024, 17:55

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

User Stats

40,024
Posts
59,035
Votes
Jay Hinrichs#2 All Forums Contributor
  • Real Estate Broker
  • Lake Oswego OR Summerlin, NV
59,035
Votes |
40,024
Posts
Jay Hinrichs#2 All Forums Contributor
  • Real Estate Broker
  • Lake Oswego OR Summerlin, NV
Replied Apr 23 2024, 18:22

thats a really good buy if its in decent shape !!! congrats.

User Stats

15
Posts
14
Votes
Jacob Sanders
  • Real Estate Agent
  • Orlando FL, USA
14
Votes |
15
Posts
Jacob Sanders
  • Real Estate Agent
  • Orlando FL, USA
Replied Apr 25 2024, 15:40

@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.

Steadily logo
Steadily
|
Sponsored
America’s best-rated landlord insurance nationwide Quotes online in minutes. Single-family, fix n’ flips, short-term rentals, and more. Great prices.

User Stats

3,422
Posts
3,429
Votes
Robin Simon#1 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Austin, TX
3,429
Votes |
3,422
Posts
Robin Simon#1 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Austin, TX
Replied Apr 26 2024, 05:26

Congrats, nice work

User Stats

1,104
Posts
1,180
Votes
Zach Edelman
  • Lender
  • Austin, TX
1,180
Votes |
1,104
Posts
Zach Edelman
  • Lender
  • Austin, TX
Replied Apr 29 2024, 07:31

Nice use of the VA loan!