Real Estate Assemblage

[Scott Baldensperger]

Investment Info:

Small multi-family (2-4 units) other investment.

Purchase price: $1,415,000
Cash invested: $70,000
Sale price: $2,900,000

Combined 4 parcels (1 vacant lot, 3 houses) selling to developer who is rezoning and developing as retail.

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

Greed and stupidity

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

Bought land to build a house. The rest is a long story...

How did you finance this deal?

Conventional mortgages

How did you add value to the deal?

Assemblage