This was a commercial investment

[Patrick V.]

Investment Info:

commercial investment investment in Miramar.

Cash invested: $12,000

This investment was for the commercial development of a tax firm.

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

Profit margin was fair, investment has potential for multiple ongoing investments.

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

I was referred to this deal by a partner of our company.

How did you finance this deal?

The deal was financed with one of our business credit cards.

What was the outcome?

The outcome was a $6000.00 net return and the development of the firm's fourth office.

Lessons learned? Challenges?

We had some permit issues at first that created some setbacks.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Yes i worked with a couple of other investors and contractors.