Fire Damage Renovation Two Unit

[Thomas Williams]

Investment Info:

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

Purchase price: $155,000
Cash invested: $150,000

Renovation of fire damaged two unit in Lehigh Township in cash flow producing property.

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

Great setting on outskirts of main metro area.

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

Paid market plus to only do a complete re haul on the property.

How did you finance this deal?

In house

How did you add value to the deal?

Doing a complete renovation with adding better quality finishes.

What was the outcome?

Restored two unit on beautiful setting.