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Updated over 4 years ago on . Most recent reply

User Stats

13
Posts
1
Votes
Sarah Martin
  • Property Manager
  • Central California
1
Votes |
13
Posts

Our first apartments

Sarah Martin
  • Property Manager
  • Central California
Posted

Investment Info:

Large multi-family (5+ units) buy & hold investment.

7 Unit Apartments

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

We found this deal through a referral from a coworker. We handled the sale off market with a private negotiation with the seller and all the paperwork was processed through the title company.

How did you finance this deal?

All cash... with a refinance in the works.

How did you add value to the deal?

We will be renovating one unit at a time as well as taking care of deferred maintenance on the exterior.

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