All Forum Posts by: Amir Mohammed

I am looking to purchase a 8 unit property. i need assistance with down payment how do i raise the capital  for down payment. Any suggestions would be highly appreciated.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $165,000
Cash invested: $25,000

The Property is a single family and is currently rented to a Section 8 tenant. Its a nice cash flowing property.

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

Section 8 tenant

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

Zillow and negotiated by asking to pay for closing costs and fix all the repairs

How did you finance this deal?

20% own money and 80 % 30 year fixed.

How did you add value to the deal?

By painting and doing some minor ads inside the unit.

What was the outcome?

not sold yet