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Updated over 7 years ago on . Most recent reply

User Stats

10
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4
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Laurence Whittam
4
Votes |
10
Posts

6 Units West Orange NJ

Laurence Whittam
Posted

Investment Info:

Large multi-family (5+ units) buy & hold investment in West Orange.

Purchase price: $720,000

Recently bought 6 Units as my first major investment with a partner. Section 8 too so 5 out of 6 units had the years rent paid upfront.

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

I have 1 other multi family unit and wanted to expand.

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

Real Estate Agent, who was looking for 3 units and found this great deal.

How did you finance this deal?

Cash

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