3 SFH Package Portfolio Deal

[Stephen VanMeter]

Investment Info:

Other buy & hold investment in San Gabriel.

Purchase price: $635,000
Cash invested: $12,000

3 SFHs in a package deal

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

The entry fee

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

Marketing at the dinner table

How did you finance this deal?

Owner Finance

How did you add value to the deal?

Raised rents

What was the outcome?

I now own them.

Lessons learned? Challenges?

I need more of these.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Hard money lender for downpayment