Updated almost 7 years ago on . Most recent reply
Multi family investment
Investment Info:
Large multi-family (5+ units) buy & hold investment in Calumet City.
Purchase price: $250,000
Cash invested: $50,000
6 unit brick
What made you interested in investing in this type of deal?
We own 11 2-4 unit properties, getting into bigger deals was the next step in growing our investment portfolio
How did you finance this deal?
US Bank commercial loan
How did you add value to the deal?
A well stabilized property....as tenants move we will add value by updating units
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
I recommend US Bank, they are a good commercial lender