Portfolio of 6 flats in East Woodlawn

[Tony Hardy]

Investment Info:

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

Purchase price: $1,050,000
Cash invested: $250,000

Portfolio of 6 flats

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

Cashflow

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

I'm a broker, was hired to sell it decided to buy it

How did you finance this deal?

Traditional Bank Financing

How did you add value to the deal?

10 year

What was the outcome?

Great property doing well during the pandemic

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

US Bank Financed it but no longer lending on Multis sense Covid