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Updated over 6 years ago on .

User Stats

415
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1,894
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James Dainard
  • Real Estate Broker
  • Bellevue, WA
1,894
Votes |
415
Posts

Buy & Hold in Interbay

James Dainard
  • Real Estate Broker
  • Bellevue, WA
Posted

Investment Info:

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

Purchase price: $1,100,000
Cash invested: $125,000
Sale price: $1,570,000

This was a great buy & hold deal. The location was perfect, with great views of the water and nice living spaces. Each unit is a good size with a large bedroom and bathroom which elevated the earning potential of each unit.

How did you finance this deal?

I used Intrust Funding to fund the entire project.

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

I worked with Intrust Funding as my lender and Will Heaton with Intrust Funding.