Quadplex purchase in Colorado Springs

[Rob Thompson]

Investment Info:

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

Purchase price: $194,900
Cash invested: $52,000

I bought this quadplex in 2014. BP helped me take the leap!

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

Multifamily investing makes the most sense to me in terms of cash flow.

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

Found it in the MLS and negotiated it as an agent investor.

How did you finance this deal?

Conventional.

How did you add value to the deal?

As an agent, I had a built in price advantage.

What was the outcome?

Purchased and have held the unit.