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

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

Greg MoranPro Member
Investor · Washington, DC · Member since 2017 · 136 posts · 59 votes

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.

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