Excellent Cash Flowing 3family after rehab

[Gary Robert Burnham Jr.]

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $365,000
Cash invested: $109,500

3 family property in an average location of west hartford. I fixed up the units and got great tenants. now the property is cash flowing excellent.

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

attorney friend was 1031 exchanging and looking to sell.

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

attorney friend and was willing to work with him.

How did you finance this deal?

seller financing and conventional

How did you add value to the deal?

willing to listen to the sellers needs

What was the outcome?

excellent purchase and now cash flowing property

Lessons learned? Challenges?

keep an open mind.