Skip to content
Two investors reviewing resources on a laptop

Get industry-leading resources — for free

Unlock resources for every investing strategy and stage with a free account.

By continuing, you agree to BiggerPockets LLC's Terms of Use and Privacy Policy

×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Followed Discussions Followed Categories Followed People Followed Locations
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

7
Posts
22
Votes
Robert Burns
22
Votes |
7
Posts

Cash Flow positive and Will Bring Rents to Market

Robert Burns
Posted

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $425,000
Cash invested: $130,000

Contributors:
Min Zhang

Min was awesome for a remote investor

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

Min found it and his team helped me form mine!

How did you finance this deal?

First Ohio, trad 30-year fix

How did you add value to the deal?

Put 30% down to flow positive immediately

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Chris Wharton at First Ohio is fantastic to work with and made sure the deal closed on time

Most Popular Reply

User Stats

2,749
Posts
6,191
Votes
Scott Trench
#3 Personal Finance Contributor
  • Rental Property Investor
  • Denver, CO
6,191
Votes |
2,749
Posts
Scott Trench
#3 Personal Finance Contributor
  • Rental Property Investor
  • Denver, CO
Replied

Awesome to see @Robert Burns! Can you let us know where this deal was located and what the cash flow is after you bring it to market rents? 

Also, where did you meet @Min Zhang and @Chris Wharton - did you connect with them here on BiggerPockets? 

Loading replies...