Long term build and hold

[Account Closed]

Investment Info:

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

Purchase price: $140,000
Cash invested: $60,000

This started out as two single family homes and I developed it into 7 units in total.

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

On the MLS payed asking price.

How did you finance this deal?

Local bank

How did you add value to the deal?

I have added 5 units and continue to increase rents.