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Updated over 2 years ago,
8 plex in Delaware Ohio
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $734,000
Cash invested: $136,691
8 plex in Delaware Ohio
What made you interested in investing in this type of deal?
Clean, simple units
How did you find this deal and how did you negotiate it?
MLS and co-op with listing agent
How did you finance this deal?
Small community bank
How did you add value to the deal?
Paint and flooring
What was the outcome?
Stabilized quicker than expected
Lessons learned? Challenges?
Wish I could find more of these for sale.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Trent Ecklar + Red 1 Realty (614) 787-7705
Helpbringer Mortgage Services (614) 431-2227