4 plex rental income

[Jerry Lymburner]

Investment Info:

Small multi-family (2-4 units) hard money loan investment.

Purchase price: $312,000
Cash invested: $80,000

older 4 plex

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

passive income

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

FSBO on FB. I am a realtor and worked it out through text

How did you finance this deal?

FHA loan

How did you add value to the deal?

Have updated to some degree. Switched to Natural gas

What was the outcome?

Rented have gone up 25%