914 S Burdick St Kalamazoo MI

[Richard Stewart]

Investment Info:

Other buy & hold investment.

Purchase price: $80,000
Cash invested: $80,000
Sale price: $275,000

Former doctors office with residence

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

Distressed asset near Hospital

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

In the Southtown Neighborhood

How did you finance this deal?

Conventional Bank

How did you add value to the deal?

Owner occupy

What was the outcome?

Gentrification

Lessons learned? Challenges?

Predatory Local Government will do everything in their power to rob existing property owners of value if left unchallenged

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

REO Specialists llc