Closing On My 1st MultiFamily Deal

[Sterling Anderson]

Im excited to be closing on my first multifamily deal coming up Sept 12. Its a 10 unit value add deal. Our plan is to get in, rehab the property, increase rents, decrease expenses and of course increase the NOI of the property.

It has definitely been a journey going from wholesaling and fix/flip single family properties (Which I still do, just not as much anymore) to investing in multifamily deals. I have been able to build great relationships with investors and brokers over the years from wholesaling and they will now invest in the multifamily deals. 

I look forward to posting the progress of this property here on BiggerPockets. 

[Paul S.]

Mind sharing numbers?