Good Neighbor Realty Office

[Peter Hu]

Investment Info:

Office Space buy & hold investment.

Purchase price: $999,950
Cash invested: $2,000

Our Good Neighbor Realty Office in Denver!

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

Needed a great space for all my agents

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

On Market deal that was sitting for a month. It was fully flipped and we offered slightly less than asking.

How did you finance this deal?

We used a commercial SBA loan with 10% down, but with my commission, working capital, and some Pandemic incentives, we were able to purchase this home with $2,000 down.