Mixed Use Building - Value Add - Creative Financing - Partnership

[Bryon Andrews]

Investment Info:

Large multi-family (5+ units) fix & flip investment.

Purchase price: $395,000

Mixed Use Building - Value Add - Creative Financing - Partnership

Purchase Price - $395,000
Down Payment - 5% (20% required by Lender)
Seller Carry - 15% of Down payment
Partnership - 50/50 money partner

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

Broker

How did you finance this deal?

Creative Financing
Down Payment - 5% (20% required by Lender)
Seller Carry - 15% of Down payment
Partnership - 50/50 money partner

How did you add value to the deal?

Raise NOI
Update Units, Raise Rents, Lower Expenses