Small multi-family (2-4 units) buy & hold investment.
Purchase price: $160,000
Cash invested: $14,000
What made you interested in investing in this type of deal?
Cash flow amount was there with minimal rehab.
How did you find this deal and how did you negotiate it?
How did you finance this deal?
Conventional through local credit union
How did you add value to the deal?
Added exterior security gate, painted exterior, purchased new ss appliances.
What was the outcome?
New appraisal came in at $235k
Congratulation! Is this your first investment, and where in Houston is this property located?
Looks great! What are your rents and cash flow numbers?
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