All Forum Posts by: Grant Hellwarth

Have accumulated over 30 long term rentals with private money. Refinancing in batches of 5-6. Looking for well priced lenders, sub 8%, low points, no junk fees. 

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $2,000,000
Cash invested: $200,000

Acquired 35 doors. Renovated 15, managing 20 with tenants.

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

Cash flow, appreciation, tax benefits.

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

Multiple deals. 2 8-packs.

How did you finance this deal?

Bank, private, own funds.

How did you add value to the deal?

Quality renovation.

What was the outcome?

Cash flow.

Lessons learned? Challenges?

Plenty.

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

Some.