All Forum Posts by: Bill Couture

Investment Info:

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

Purchase price: $167,000

Four-family purchased with a 25% down payment. 30 year fixed-rate residential mortgage. I was able to raise rents $100/door within 3 years. Funded property improvements with cash-flow from the building.

Investment Info:

Large multi-family (5+ units) buy & hold investment in Moosup.

Purchase price: $325,000

Eight-family (two four-families side-by-side) purchased using seller financing. Completed the BRRR 18 months after purchase. Was able to get a 30 year fixed rate residential mortgage on each building.

Investment Info:

Large multi-family (5+ units) buy & hold investment in Moosup.

Purchase price: $85,000

Five-family purchased out of Bank REO. 1 out of 5 units occupied at time of purchase. Required $40,000 of improvements. Private lender funded 100% of purchase and 100% of rehab. Was able to cash-out refinance at the 12 month point of ownership.

Investment Info:

Large multi-family (5+ units) buy & hold investment in Moosup.

Purchase price: $85,000

5-unit purchased out of Bank REO. Only 1 out of 5 units occupied at time of purchase. Required $40,000 of improvements. Private lender funded 100% of purchase and 100% of rehab. Was able to cash-out refinance at the 12 month point of ownership.

Looking forward to it!

Hi Andrew. I'm in Eastern Connecticut. Rural community with a lot of multi-families constructed in the early 1900's for the area's mill workers.

Investment Info:

Large multi-family (5+ units) buy & hold investment in Moosup.

Purchase price: $135,000

14-unit rooming house building with 13 single-occupancy rooms and one, two-bedroom apartment. Purchased as a short-sale with conventional commercial mortgage and used a private lender to fund the 25% down payment. Used cash-flow from currents rents to spend $40,000 improving the building. Raised rents 20% and completed a cash-out refinance to invest in another building.

Investment Info:

Large multi-family (5+ units) buy & hold investment in Moosup.

Purchase price: $150,000

Eight-unit mixed use building with seven apartments and one commercial space. Purchased with seller-financing and only put $10,000 down. Used a business line of credit to fund $40,000 in rehab costs for six units that needed repair. Refinanced one-year from purchase into a commercial mortgage and was left with none of our own money into the deal.

Investment Info:

Large multi-family (5+ units) buy & hold investment in Sterling.

Purchase price: $180,000
Cash invested: $10,000

Seven-family that we were able to BRRRR and recapture all but $10,000 of our own cash. Used multiple private lenders to fund the purchase and a business line of credit to fund the $40,000 rehab. Increased rents $50/unit and improved utility efficiencies. Build storage units in the basement.

Investment Info:

Large multi-family (5+ units) commercial investment investment in Putnam.

Purchase price: $2,100,000
Cash invested: $50,000

200 unit self-storage facility, 6 commercial units and 3 apartments located in a refurbished textile mill. My wife and I have a lease purchase agreement with an option to purchase at year 10. Seller will hold a note at year 10 until year 20 when we refinance into a commercial mortgage. Value-add opportunity with ability to increase rents and improve utility efficiencies. www.churchstreetstorage.com