Another MF rental property

[Ben Yeshurun]

Investment Info:

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

Purchase price: $540,000
Cash invested: $130,000

Great rental property in a up and coming neighborhood.

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

Great CASH FLOW

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

Got it from a realtor before it came up to the market

How did you finance this deal?

Local Bank

How did you add value to the deal?

Improve a few units and added a bedroom where it was possible.

What was the outcome?

Higher rents.

Lessons learned? Challenges?

Great finance is curtail, close your interest as fast as possible.
Have you taxes done as soon as possible.