All Forum Posts by: Mark Malfara

Investment Info:

Small multi-family (2-4 units) private money loan investment in Philadelphia.

Purchase price: $412,000
Cash invested: $75,900

Provided Private loan to young investor getting started so he can live in one of the 4 units and rent out the other 3.

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

To help a young investor and to gain current and future business with this investor. Property is fully occupied and has great cash flow potential.

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

Found on MLS and negotiated with agent and seller

How did you finance this deal?

Part private money and part conventional financing

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Yes, Mark Malfara with Berkshire Hathaway Home Services Fox & Roach realtors was the real estate agent as well as the private money lender.

Hi Matt,

Give me a call to discuss further but I too am a real estate agent and own 3 rental properties in Roxborough / Manayunk area. I work for BHHS out of our Chestnut Hill office and am also an investor and private money lender so I know what you are going to be looking for. I recently helped out a young guy in your same situation and we were able to find him a quadruplex in East Falls that he purchased where he will live in one unit and rent the other 3 as well as a home for him to flip in Mt. Airy simultaneously. We also found favorable private lending to help him make both of these transactions work quickly and easily. You can find me online by googling my name. Mark Malfara, Berkshire Hathaway Home Services Fox & Roach realtors.

I can also connect you with the other guy that I recently helped so you can chat with him about his experience. I'm available all day to chat.