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Updated over 5 years ago,
Buy & Hold in Interbay
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $1,100,000
Cash invested: $125,000
Sale price: $1,570,000
This was a great buy & hold deal. The location was perfect, with great views of the water and nice living spaces. Each unit is a good size with a large bedroom and bathroom which elevated the earning potential of each unit.
How did you finance this deal?
I used Intrust Funding to fund the entire project.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
I worked with Intrust Funding as my lender and Will Heaton with Intrust Funding.