Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago,

User Stats

4
Posts
5
Votes
Britain Sorensen
  • Investor
  • Huntsville, UT
5
Votes |
4
Posts

First Large Multi-Family Purchase

Britain Sorensen
  • Investor
  • Huntsville, UT
Posted

Investment Info:

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

Purchase price: $1,050,000
Cash invested: $180,000

18-Unit Apartment Complex currently being completed renovated.

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

It is a distressed property we picked up for cheap. After renovations are completed we should be able to refinance and get most of our original investment out.

Loading replies...