8 Unit - No Money Down

[Sam Kwak]

Investment Info:

Large multi-family (5+ units) buy & hold investment in Aurora.

Purchase price: $250,000

Cash invested: $1

8 Unit Multi-Family Buy & Hold with No Money Down Acquisition using Contract for Deed. Apparently Bigger Pockets doesn't let me put "ZERO" for Cash Invested... We negotiated this into an owner financing acquisition so no bank financing was involved in acquiring it.

Now, we did have to do some work to it. We raised that portion of the funds through a partnership in which we gave equity & share of the cash flow away in exchange for the rehab money.