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Updated almost 3 years ago on . Most recent reply

User Stats

2
Posts
3
Votes
Russell Bonds
  • Real Estate Broker
  • Chicago, IL
3
Votes |
2
Posts

Just got paid to purchase a 4 unit in Posen, IL

Russell Bonds
  • Real Estate Broker
  • Chicago, IL
Posted

*Closing Day* I closed on a 4-unit building and got PAID to BUY this cash flowing asset. I structure the deal to walk away with $5,000 and now i’m the owner of a 4-unit🏢.

I was my own real estate agent and insurance agent on the deal. The attorneys involved in the transaction were surprised how I was able to pull this off but I did a lot of research and preparation for this day.

Thanks to the team at @veteransunited for financing this deal. Also huge thanks to @attyreynoldslaw for their expertise in real estate law and helping me along the way!!

I’ll be posting more on this deal breaking down the structure of it, commission splits, and my plans with real estate. 1st major deal for Golden Heights Holdings!!

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