MY FIRST LARGE 8 UNIT INVESTMENT

[George Cummings]

Investment Info:

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

Purchase price: $870,000
Cash invested: $174,000

I PURCHASED 4 DUPLEXES WITH GARAGES. THEY ARE 4 3 BEDROOMS AND 4 4 BEDROOMS, AND THEY ARE 7 YEARS OLD.

What made you interested in investing in this type of deal?

I HAVE BEEN INVESTING IN MULTI FAMILY FOR A FEW YEARS NOW.

How did you find this deal and how did you negotiate it?

THROUGH ANOTHER INVESTOR

How did you finance this deal?

1031 ON THE DOWN PAYMENT AND BANK LOAN ON THE REST