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Updated about 6 years ago on . Most recent reply

User Stats

5
Posts
1
Votes
Corey Corbisier
  • Sturgeon Bay, WI
1
Votes |
5
Posts

Duplex Near Lambeau Field

Corey Corbisier
  • Sturgeon Bay, WI
Posted

Investment Info:

Small multi-family (2-4 units) commercial investment investment in Green Bay.

Purchase price: $54,000
Cash invested: $12,000
Sale price: $121,000

Bought a duplex; rehabbed it; rented it; waited for price and SOLD
over $50K Profit

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

Profit

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

Distressed seller

How did you finance this deal?

Lease Option

How did you add value to the deal?

Offer lower than fair market value

What was the outcome?

BIG PROFIT $$$

Lessons learned? Challenges?

DIY - If you know how, otherwise farm it out!

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