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Updated about 5 years ago,
4 doors no money of my own OPM and awseome partner
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Pocatello.
Purchase price: $100,000
Cash invested: $1
a 3/1 unit a 1/1 unit and a duplex with 2--1/1 units
What made you interested in investing in this type of deal?
cash flow multiple properties in 1 deal on 1 lot
How did you find this deal and how did you negotiate it?
wholesaler ( we offer options) SLC, UT
How did you finance this deal?
Family -100%
How did you add value to the deal?
going to ba a major rehab
What was the outcome?
Going to start rehab in January but eventually will be a set of 4 doors rental property
Lessons learned? Challenges?
do your homework and know what your getting into
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
wholesaler- we offer options and michael malmrose -realtor