All Forum Posts by: Eric Schmid

-Hi Adam, we have a couple vacancies in wausau that could be a great fit. Let me know how you would like to move forward.

Eric

Investment Info:

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

Purchase price: $108,000
Cash invested: $16,000

Contributors:
Joseph Ziolkowski, Jared Freye

Dupex: 3-1 lower/3-1 upper with separate utilities. Gross Rent: 1525

Investment Info:

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

Purchase price: $73,500
Cash invested: $16,500

Contributors:
Joseph Ziolkowski, Jared Freye

Duplex: 3-1 Lower/1-1 upper with separate utilities. Gross Rents: 1345

Investment Info:

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

Purchase price: $100,000
Cash invested: $10,407

Contributors:
Joseph Ziolkowski, Jared Freye

Duplex: 3/1 lower and 1/1 upper with separate utilites. Gross Rents: 1345

Dan! Thanks man - let's do it! 

Nice! North-Central Wisconsin! 

Investment Info:

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

Purchase price: $200,000
Cash invested: $10,000

Contributors:
Joseph Ziolkowski, Jared Freye

4 residential units, 1 commercial unit. The commercial unit is separately metered and has its own furnace. It's plenty large enough to convert into a residential unit if need be down the road.

How did you finance this deal?

With 20% down (40k), the seller's financed 20k on a 3 year balloon, and we raised an additional 10k from friends&family. That allowed us to only put 10k into the deal and still cash flow $133/unit.

Investment Info:

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

Purchase price: $80,000
Cash invested: $16,000

Contributors:
Jared Freye, Joseph Ziolkowski

This was an awesome MLS deal that we couldn't pass up!

After considering 25% expenses and $70 for water/sewer, we cashflow $587

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

This was an MLS deal and we paid asking price because it exceeded our numbers.

How did you finance this deal?

We put 20% down out of pocket