Lease to own cash flow

[Claudia Valverde]

Investment Info:

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

Purchase price: $180,000
Cash invested: $29,000
Sale price: $290,000

4 house property

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

The opportunity to have multiple rentals in same block.

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

I found it through a friend working on property. I dealt directly with owner.

How did you finance this deal?

Negotiated 2 year lease to buy. Financed with Home Equity loan.

What was the outcome?

Y

Lessons learned? Challenges?

Learned to negotiate attractive win win terms.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Did all the work myself.