Helping out of town investor!
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Spokane.
Purchase price: $332,000
Cash invested: $66,400
This is a deal that my first-time investor (Out of Town) client purchase in Spokane. This property is a turn key duplex.
What made you interested in investing in this type of deal?
With the 20% downpayment, my client was able to see that she will be cash flowing with the property.
How did you find this deal and how did you negotiate it?
We found this property via MLS.
How did you finance this deal?
Conventional Loan.
How did you add value to the deal?
The property was already flipped.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Real estate professional: Zierry Tagbas with Coldwell Banker Tomlinson