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6
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1
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Randi Szakaly
  • Residential Real Estate Broker
  • Everett, WA
1
Votes |
6
Posts

Cash for Keys & COVID win

Randi Szakaly
  • Residential Real Estate Broker
  • Everett, WA
Posted

Investment Info:

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

Purchase price: $585k
Cash invested: $115k

Friendly contractor was given the opportunity to buy this during COVID tenant occupied. It needed a gut. I funded the remodel and bought fixed up from the contractor for $583k (it appraised at $735k) 🙌

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

Excellent cash flow