6 Units in Indiana

[Justin Goodin]

Investment Info:

Large multi-family (5+ units) commercial investment investment in Indianapolis.

Purchase price: $425,000
Cash invested: $50,000

6 units in Indiana
Personally owned deal.

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

The property was owned for 30 years by a mom & pop owner. Rents were below market by $600+.

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

I found this deal from a cold email.

How did you finance this deal?

Seller financing and then refinanced into a bank loan.