Our first Investment Build

[Natalie Lalonde]

Investment Info:

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

This was our first actual attempt at investing using our building method of no money down. We designed it to be a duplex but started rented out the entire home first until we saved enough money to convert it into a duplex.

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

We got a great deal on this piece of land. It was a problem lot that no one wanted because there was a large hill that restricted the building area and that required a retaining wall at the bottom and a slope stability report. Thankfully with our background in architecture we were able to figure out a design that maximized our ROI.

How did you finance this deal?

Auto Construction Loan from a local credit union

How did you add value to the deal?

By converting it into a duplex