Updated over 4 years ago on .
Portfolio of 6 flats in East Woodlawn
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $1,050,000
Cash invested: $250,000
Portfolio of 6 flats
What made you interested in investing in this type of deal?
Cashflow
How did you find this deal and how did you negotiate it?
I'm a broker, was hired to sell it decided to buy it
How did you finance this deal?
Traditional Bank Financing
How did you add value to the deal?
10 year
What was the outcome?
Great property doing well during the pandemic
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
US Bank Financed it but no longer lending on Multis sense Covid