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Updated 1 day ago on . Most recent reply

User Stats

2
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Tony Williamson
0
Votes |
2
Posts

Flip and Hold

Tony Williamson
Posted

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $295,000
Cash invested: $106,000

Assisted living facility

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

the property was affordable

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

searching around the MLS

How did you finance this deal?

My own money

How did you add value to the deal?

renovating it

What was the outcome?

great renters

Lessons learned? Challenges?

find cheaper materials and laborers

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

no my wifes a realtor

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