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Updated over 3 years ago,
most recent purchase
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $12,000
Cash invested: $55,000
two unit ;complete renovation in progress; plan to hold
What made you interested in investing in this type of deal?
the purchase price
How did you find this deal and how did you negotiate it?
talking to a client, discovered she wanted to sell
How did you finance this deal?
my own cash
How did you add value to the deal?
it's a complete renvoation
What was the outcome?
in progress
Lessons learned? Challenges?
don't do anymore complete renovations
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
sure