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Updated over 5 years ago on .

User Stats

20
Posts
4
Votes
Ivan Palagniuk
  • Rental Property Investor
  • Milwaukee, WI
4
Votes |
20
Posts

This is by far my 4th investment property

Ivan Palagniuk
  • Rental Property Investor
  • Milwaukee, WI
Posted

Investment Info:

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

Purchase price: $250,000
Cash invested: $62,000

Found a deal off market ,the seller was retiring,therefore,wanted to sell

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

Because it was an off market deal with under value market price ,where I could come in and add value ,raise the rents by 100 $

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

I did a driving for a dollar strategy

How did you finance this deal?

Conventional loan with 25% down

What was the outcome?

My monthly cash flow is 800$ a month