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Updated over 5 years ago,
First Large Multi-Family Purchase
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.