Multi-Family Endwell NY

[James Lucenti]

Investment Info:

Small multi-family (2-4 units) other investment in Endicott.

Purchase price: $105,000
Cash invested: $15,000
Sale price: $105,000

This is an investment property that I purchased. I have listed and sold multiple residential and commercial properties.

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

Diversify my investment portfolio.

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

Open market. I represented myself.

How did you finance this deal?

Conventional Loan

How did you add value to the deal?

Increased the rents, decreased expenses.

What was the outcome?

Increased GOI

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I represented myself. I am a licensed real estate salesperson.