Fix & Hold Deal in New York City

[Kobi Nagar]

Investment Info:

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

Purchase price: $499,000
Cash invested: $120,000

Mixed uses property that includes one store, 3 residential apartments and 2 car garage.

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

This deal was an estate and was in pre foreclosure. we are specialize in finding and executing deals like that.

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

We found this deal throw a real-estate Broker

How did you finance this deal?

We used hard money.

What was the outcome?

We just refinance with the BRRR method. we currently have 30 years fixed loan with 10 years io.