Updated about 5 years ago on . Most recent reply
914 S Burdick St Kalamazoo MI
Investment Info:
Other buy & hold investment.
Purchase price: $80,000
Cash invested: $80,000
Sale price: $275,000
Former doctors office with residence
What made you interested in investing in this type of deal?
Distressed asset near Hospital
How did you find this deal and how did you negotiate it?
In the Southtown Neighborhood
How did you finance this deal?
Conventional Bank
How did you add value to the deal?
Owner occupy
What was the outcome?
Gentrification
Lessons learned? Challenges?
Predatory Local Government will do everything in their power to rob existing property owners of value if left unchallenged
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
REO Specialists llc