All Forum Posts by: Jesus E Martinez
Jesus E Martinez has started 3 posts and replied 7 times.
No but I'm open to hear some options.
Quote from @Jaycee Greene:
Quote from @Jesus E Martinez:
Hey @Jesus E Martinez, welcome to the BP Forum and nice work! Out of curiosity, how much rehab work did you have to do on this property? Are you looking to do more, similar types of flips?
Thanks for your comments. Rehab + Closing around 70k, rehab only 50K. I'm looking for multifamily opportunities to expand my portfolio and probably some syndications for bigger deals. But if I came across with single family with good margins like this one I'm sure I will jump into it.
Post: 4201 Duplex Unit
- Posts 7
- Votes 2
Thank you.
Post: 109 Alto - Ruidoso
- Posts 7
- Votes 2
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $313,000
Cash invested: $62,600
Vacation Home and Air B&B
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $123,000
Cash invested: $50,000
Sale price: $210,000
House was empty for 2 years before we took over, is was in deplorable conditions but in a C/B- area.
Post: 4201 Duplex Unit
- Posts 7
- Votes 2
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $169,000
Cash invested: $33,800
Property was recently renovated to increase the value of the property and the cashflow
What made you interested in investing in this type of deal?
Pricing at the time of the purchase, close to the university and the university frats. Room for property add-on!
How did you find this deal and how did you negotiate it?
knowing realtor.
How did you finance this deal?
Yes
How did you add value to the deal?
Just recently
