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Updated almost 4 years ago on . Most recent reply

User Stats

4
Posts
2
Votes
Amir Dana
2
Votes |
4
Posts

4339 W Cermak Rd Chicago, IL 60623

Amir Dana
Posted

Investment Info:

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

Purchase price: $290,000
Cash invested: $150,000

7 Apartments with a Commerical space

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

Cheap deal w ton of potential.

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

Same owner as previous building I bought. Package deal.

How did you finance this deal?

HELOC from my 1st property. 33% down payment. Bridge rehab loan.

How did you add value to the deal?

Remodel 3 vacant units

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