Looking for partnership

[Adam Briceland]

Investment Info:

Small multi-family (2-4 units) other investment.

Purchase price: $159,900
Cash invested: $42,000
Sale price: $289,900

Own 2 duplexes and 1 single family. Looking for someone who might want to partner up and help scale.

What made you interested in investing in this type of deal?

Like the idea of a physical asset

How did you find this deal and how did you negotiate it?

MLS and used an agent

How did you finance this deal?

Used a partner

How did you add value to the deal?

Used cashflow for improvements

What was the outcome?

Has been a very good investment property

Lessons learned? Challenges?

Finance the HVAC System upgrade verse paying for it all upfront with reserves.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

No