Coors and Central Rehab Rental

[Leland Locke]

Investment Info:

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

Two Unit Buy Repair Rent Refinance and Hold.

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

BRRRR

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

Relationship

How did you finance this deal?

Conventional and Owner Finance combination

How did you add value to the deal?

Electrical, Roof, Plumbing and finishes.

What was the outcome?

High cash on cash performing rental.

Lessons learned? Challenges?

Good reliable handymen are hard to come by.