Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 5 years ago on . Most recent reply

User Stats

183
Posts
156
Votes
Bryan Vukelich
  • Real Estate Broker
  • Kaneohe, HI
156
Votes |
183
Posts

First multi-family I was part owner of.

Bryan Vukelich
  • Real Estate Broker
  • Kaneohe, HI
Posted

Investment Info:

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

Purchase price: $60,000
Cash invested: $10,000
Sale price: $1,550,000

First property I was part owner of. Located in beautiful and desirable Ballard - formerly quaint abut now trendy NW neighborhood of Seattle.

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

Located in very desirable neighborhood of Seattle.

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

Found my family friend.

How did you finance this deal?

Bank financing

What was the outcome?

Was a successful outcome - over the years Seattle grew as a city and Ballard become a "hot spot."

Loading replies...