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Updated over 3 years ago on . Most recent reply

User Stats

77
Posts
3
Votes
Cardwell Thaxton
  • Investor
  • Princeton, NJ
3
Votes |
77
Posts

most recent purchase

Cardwell Thaxton
  • Investor
  • Princeton, NJ
Posted

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

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