All Forum Posts by: Dillon Badger

Investment Info:

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

Purchase price: $355,000

3 unit house hack with 2 separate buildings. 3 Bedroom/2 bath, 2 bedroom/2 bath, 1 bed/1 bath.

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

Great area with strong rent demand

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

On market & offered asking price

How did you finance this deal?

Conventional

How did you add value to the deal?

New roof, exterior painting, new flooring, bathroom updates, finished new living space

What was the outcome?

Great long term hold

Lessons learned? Challenges?

Small Multi families are a great way to increase cash flow

Investment Info:

Single-family residence buy & hold investment in Hillsboro.

Purchase price: $62,000

Single family BRRRR.
Purchase: $62K + Rehab & hold: $17K

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

Distressed property but did not need major renovations

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

On market & negotiated price based on condition

How did you finance this deal?

Commercial loan

How did you add value to the deal?

New roof, interior & exterior paint, finished additional living space

What was the outcome?

Full cash-out refi after 6 months

Lessons learned? Challenges?

Finding opportunities that have unfinished space is a great way to add value quickly

Investment Info:

Single-family residence buy & hold investment in Harrisville.

Purchase price: $260,000

Renovation is complete and currently running this as an AirBnB/Mid Term Rental

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

Property was sitting on market and needed light updates (roof, flooring, paint) but was in a great area that allows STRs giving me multiple options when deciding on rental strategy

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

On market & negotiated price

How did you finance this deal?

Conventional financing

How did you add value to the deal?

Cosmetic updates (flooring, paint, fixtures, roof etc)

What was the outcome?

BRRRR this property & got all cash back

Investment Info:

Condo buy & hold investment in Keene.

Purchase price: $134,900

Buy and hold 2 Bed/1 Bath rental in Keene New Hampshire

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

Affordable price point and rents for more than 1% of purchase price

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

On market & offered asking price

How did you finance this deal?

Cash from a self directed IRA

How did you add value to the deal?

Paint & finished basement

What was the outcome?

Strong rental performance & return

Lessons learned? Challenges?

So far the condo investment has been pretty hands off as the HOA handles most things

I just found this group. Looking forward to joining the meet up next week