12 property Rehab with Cash Flow of 5k a month

[Jason Crowe]

Investment Info:

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

Purchase price: $825,000
Cash invested: $350,000

Purchased a Large Property that is commercial zoned with 30 year money. Property has 12 dwellings on it. Fixing for 350k budget and Appraised for 1.5mil, worth more as commercial, and cashflowing after PITI 5k a month. Financing very difficult to attain 30 year money after Rehab on commercial PUD designation but I did it given resourcefulness in the Jacksonville Market and network.

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

opportunity

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

resourcefulness

How did you finance this deal?

Private Money Lender

How did you add value to the deal?

Rehab