Two Unit Investment with great ROI

[Kristine McCreary-Williams]

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Allentown.

Purchase price: $182,000
Cash invested: $182,000

Plan to refinance to provide cash flow to acquire more Investments.

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

My own RE transaction

How did you finance this deal?

1031 Exchange w partner

How did you add value to the deal?

Changed oil heat which was paid for by landlord to gas on separate meters.

What was the outcome?

Value has increased in six months by over 20%