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All Forum Posts by: Albert Tiburcio

Albert Tiburcio has started 1 posts and replied 2 times.

Real Estate Deal Analysis & Advice

Post: First deal in Albany, NY

Albert TiburcioPosted
  • Rental Property Investor
  • Albany, NY
  • Posts 3
  • Votes 2
Originally posted by @Steven Luttman:

@Albert Tiburcio great job, congrats. What's next? 

Thank you @Steven Luttman. Securing the equity out of the property and using that in order to finance my next deal, looking for a commercial property in Albany, NY. 

1 Vote
Real Estate Deal Analysis & Advice

Post: First deal in Albany, NY

Albert TiburcioPosted
  • Rental Property Investor
  • Albany, NY
  • Posts 3
  • Votes 2

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Albany.

Purchase price: $60,000
Cash invested: $60,000

Structured an incredible deal with the homeowner. Property is currently all equity and cash flowing.

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

Motivated seller

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

Found the deal through mutual connections with the seller.

How did you finance this deal?

Cash

How did you add value to the deal?

Offering financial consultations and working with the seller on the move out date.

What was the outcome?

An amazing deal with great equity.

1 Vote