Progress thread: My first two deals and beyond

[Mac]

We closed on the 4-plex today! Final price came out to be $14,949.85. The units should rent for $450 each and I expect to have to put in around 30-40k to get it fixed up. This will be my first multifamily property so we will see how it goes! If people are interested I will post the progress/end results and final numbers and whatnot. I have included a few pics as well.

Edit: I misread the settlement statement, it didn't include the earnest money so final total purchase price was $15,449.85

Jesus, only $14,949? In Canada a house like that costs at least 500k. Lol.

 

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