Updated over 1 year ago on .
Looking for partnership
Investment Info:
Small multi-family (2-4 units) other investment.
Purchase price: $159,900
Cash invested: $42,000
Sale price: $289,900
Own 2 duplexes and 1 single family. Looking for someone who might want to partner up and help scale.
What made you interested in investing in this type of deal?
Like the idea of a physical asset
How did you find this deal and how did you negotiate it?
MLS and used an agent
How did you finance this deal?
Used a partner
How did you add value to the deal?
Used cashflow for improvements
What was the outcome?
Has been a very good investment property
Lessons learned? Challenges?
Finance the HVAC System upgrade verse paying for it all upfront with reserves.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
No