Acquired 3 multi-family plus SFH from one owner

[Carlos Carbajal]

Investment Info:

Small multi-family (2-4 units) wholesale investment in Milwaukie.

Purchase price: $345,000
Cash invested: $1
Sale price: $395,000

Acquired 2 -4 Plex , and 1 Duplex all via Direct Mai from one motivated seller. 10 doors -

Assigned first 4-plex property U.C @ $345,000 for assignment $395,000. $47,500 Profit.

Acquired 2nd 4 plex , U.C $410,000 Assigned contract $465,000. $55,000 Profit

Acquired Duplex , U.C $385,000 Assigned property at $410,000 $25,000 Profit.

Last but not least we bought his 4th property Single Family home in Sellwood,OR. We did a full rehab and succesfully sold. Profit of $40,000

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

Direct Mail- Yellow Letters