New construction 4plex Phoenix

1 Reply

Investment Info:

Small multi-family (2-4 units) other investment in Phoenix.

Purchase price: $58,000
Cash invested: $30,000
Sale price: $800,000

New construction 4 plex, 2 bed 1 bath with private backyards for bottom units. Rents between $1,350-1,450 per unit. Built for $400k including land and sold for $800k

How did you finance this deal?

Private money lender

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