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Updated over 1 year ago on .

User Stats

136
Posts
60
Votes
Greg Moran
  • Investor
  • Washington, DC
60
Votes |
136
Posts

PML deal #7: Boarding house conversion into a single-family

Greg Moran
  • Investor
  • Washington, DC
Posted

Investment Info:

Small multi-family (2-4 units) private money loan investment in Hampton.

Purchase price: $48,000

Contributors:
Marsay Winder

(09-23-2023) Private Money lending deal #7, with Marsay Winder a.k.a. The Property Pastor. This property is a former boarding house rented out by the room, which is being converted (back) into a single family residential.

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

PML deals are passive RE investing strategy

How did you finance this deal?

Self-directed Roth IRA

How did you add value to the deal?

Having capital available for a 72-hour closing timeline.

  • Greg Moran