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Updated about 4 years ago on . Most recent reply

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Albert Tiburcio
  • Rental Property Investor
  • Albany, NY
2
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3
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First deal in Albany, NY

Albert Tiburcio
  • Rental Property Investor
  • Albany, NY
Posted

Investment Info:

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

Purchase price: $60,000
Cash invested: $60,000

Structured an incredible deal with the homeowner. Property is currently all equity and cash flowing.

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

Motivated seller

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

Found the deal through mutual connections with the seller.

How did you finance this deal?

Cash

How did you add value to the deal?

Offering financial consultations and working with the seller on the move out date.

What was the outcome?

An amazing deal with great equity.

Most Popular Reply

User Stats

3
Posts
2
Votes
Albert Tiburcio
  • Rental Property Investor
  • Albany, NY
2
Votes |
3
Posts
Albert Tiburcio
  • Rental Property Investor
  • Albany, NY
Replied
Originally posted by @Steven Luttman:

@Albert Tiburcio great job, congrats. What's next? 

Thank you @Steven Luttman. Securing the equity out of the property and using that in order to finance my next deal, looking for a commercial property in Albany, NY. 

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