multi-family (5+ units) buy & hold investment.

[R Wesch]

Investment Info:

Large multi-family (5+ units) buy & hold investment.

Purchase price: $225,000
Cash invested: $50,000

Single property with 8 small houses

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

Opportunity

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

Friends

How did you finance this deal?

Cash out refi on personal residence for down payment. 10 yr LC.

How did you add value to the deal?

Remodeling each house as tenants vacate