Building an empire one piece at a time!

[Thierry Lemercier]

Investment Info:

Other buy & hold investment in Lexington.

Purchase price: $78,000
Cash invested: $11,700

Same as the previous post and investment! This is a 2nd unit which is identical...

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

Cash flow

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

MLS! real estate agent negotiated the contract on my behlaf

How did you finance this deal?

15% down the rest with local bank

How did you add value to the deal?

renovation in a town where no one renovates

What was the outcome?

20 % increase in rent

Lessons learned? Challenges?

rehab is always the challenge! Trying to build a relationship with local GC

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Yes! PM me