Mixed use building rehab and rental

[Account Closed]

Investment Info:

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

Purchase price: $55,000
Cash invested: $60,000

Mixed Use

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

Mixed use with storefront and residential units

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

Driving through neighborhoods

How did you finance this deal?

Conventional loan through bank

How did you add value to the deal?

Upgrade property

What was the outcome?

Worked out well

Lessons learned? Challenges?

Lessons learned - have contractor contacts