10 Units to the Portfolio

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Officially closed on a property today which takes my 2016 acquisitions up to 10 units. I purchased two single family homes and an 8 unit apartment building. 

I am particularly excited about this last deal just because there were so many times it looked like it was going to fall through and I was working with a new lender that did not seemed to be too focused or really care if the deal went through. 

Quick celebration that all of the hard work paid off and getting the unit ready to place a tenant. 

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@Chung Le

The loan process for commercial lending is outstanding. It is predominately about the numbers as opposed to your typical mortgage where they ask for any and every piece of personal information. It did take some work to find a lender with terms that would work for my first commercial purchase but after that it was so much more efficient than securing a typical home mortgage loan. They were also willing to lend to an LLC which is great. As of right now I do not have any interest in getting another loan unless it is commercial lending.