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Updated about 3 years ago on .

User Stats

20
Posts
13
Votes
Jason Pollard
Agent
Pro Member
  • Investor
  • New London County, CT
13
Votes |
20
Posts

Good deals are still available on market

Jason Pollard
Agent
Pro Member
  • Investor
  • New London County, CT
Posted

Investment Info:

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

Purchase price: $190,000
Cash invested: $47,500

4-Family with the need for some remodel. All apartments are one bedroom units

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

The numbers worked especially after remodel!!

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

This was an on market deal

How did you finance this deal?

Conventional Loan

How did you add value to the deal?

We are fixing some structural issues and remodeling 2 of the 4 apartments

What was the outcome?

On going

Lessons learned? Challenges?

Will let you know

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

I am an agent so I closed the deal as the buyer.