BRRRR Multifamily/ Off-Market

[John Stewart]

Investment Info:

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

Purchase price: $105,000
Cash invested: $22,000

BRRRR Candidate!
Fully occupied

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

This is a great way to add value to my portfolio and cashflow each month!
Should recapture all invested capital fairly quickly.

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

Off market, built a relationship with the owner after sending him a card.