The Ice castle was covered with ice when purchased

[Nathan Eaton]

Investment Info:

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

Purchase price: $30,000
Cash invested: $160,000

This is our current project. We bought the Ice Castle sight unseen and it needs a complete gut rehab. When we are done this duplex will have 2- 4bed/ 1 bath units completely new.

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

Cash Flow

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

Auction

How did you finance this deal?

Private Lender

How did you add value to the deal?

Complete Gut Rehab!

What was the outcome?

Still a work in progress. We will update once complete