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Updated over 7 years ago on . Most recent reply

User Stats

211
Posts
129
Votes
Kyle Grimm
  • Investor
  • St. Louis Mo
129
Votes |
211
Posts

Just closed on a 3 unit! (See picture)

Kyle Grimm
  • Investor
  • St. Louis Mo
Posted

Just purchased this small 3 unit with a partner putting me at 11 units!  Found a motivated seller who was about 80 years old and ready to move to Phoenix Arizona.  We negotiated this property down to 48k.  The building is fully occupied with $450 rent per unit and just needs some cosmetic work.  We financed this deal with a local bank who was super easy to work with.  Excited to see how this 3 unit works out for us!  

Thanks for all the knowledge BP nation has taught me making this possible!

Most Popular Reply

User Stats

595
Posts
344
Votes
Carson Wilcox
  • Davis, CA
344
Votes |
595
Posts
Carson Wilcox
  • Davis, CA
Replied

You cant swing a dead cat in oklahoma without hitting a turnkey company!

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