Updated about 5 years ago on . Most recent reply
4339 W Cermak Rd Chicago, IL 60623
Investment Info:
Large multi-family (5+ units) buy & hold investment in Chicago.
Purchase price: $290,000
Cash invested: $150,000
7 Apartments with a Commerical space
What made you interested in investing in this type of deal?
Cheap deal w ton of potential.
How did you find this deal and how did you negotiate it?
Same owner as previous building I bought. Package deal.
How did you finance this deal?
HELOC from my 1st property. 33% down payment. Bridge rehab loan.
How did you add value to the deal?
Remodel 3 vacant units