Commercial Real Estate Deal - 5 Unit BRRR

[Taylor Billman]

Investment Info:

Large multi-family (5+ units) commercial investment investment in Muhlenberg.

Purchase price: $195,000

-5 Unit (4 Residential, 1 Commercial + bonus detached 2 car garage with attic)
-Purchased $195,000, 10% down (5% for me, 5% for 50/50 partner )
-$45k in Renovations
-Should Appraise $300K + after renovations are complete

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

Commercial Real Estate

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

Driving for dollars & cold calling

How did you finance this deal?

PML