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Updated 12 months ago,
First Multifamily 8 Unit in Lancaster Texas
Investment Info:
Large multi-family (5+ units) commercial investment investment.
My first attempt at a small MF. Great learning experience and still cashflowing with lots of equity.
What made you interested in investing in this type of deal?
Ready to move to a more economies of scale investment with multiple ways to increase income.
How did you finance this deal?
Commercial Lender
How did you add value to the deal?
Upgrade units and increase rents
What was the outcome?
Improved cashflow and improved NOI