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Updated about 6 years ago on .

User Stats

1
Posts
1
Votes
Ben Lalez
  • Real Estate Broker
  • Wicker Park
1
Votes |
1
Posts

Logan Square Investment

Ben Lalez
  • Real Estate Broker
  • Wicker Park
Posted

Investment Info:

Large multi-family (5+ units) buy & hold investment.

Purchase price: $480,000
Cash invested: $150,000

Purchased 5 unit property and renovated each unit as tenants moved out to bump rents. Brought in a lender to do a cash out refi. Currently have no cash in the property and is cash flowing nicely.