Updated 2 months ago on .
Longterm buy and hold - Iowa
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $215,000
Cash invested: $55,000
6 plex in fort dodge iowa, each unit is 2 bed, 1 bath
What made you interested in investing in this type of deal?
Cash flow and tax savings
How did you find this deal and how did you negotiate it?
on market with a realtor
How did you finance this deal?
commercial financing 10 year loan
How did you add value to the deal?
added laundry onsite and have been fixing up units as they turn.
What was the outcome?
increased cash flow
- Sarah Akin