Project Details Purchased: February 2021 Location: Miami, FL Property Type: Multifamily Strategy: Value-add Purchase: $2.05M Financing: $455K down. Seller Financing with a 5-year balloon
Project Details Purchased: February 2021 Location: Miami, FL Property Type: Multifamily Strategy: Value-add Purchase: $2.05M Financing: $455K down. Seller Financing with a 5-year balloon
Project Details Purchased: February 2021 Location: Indianapolis, IN Property Type: SFH Strategy: Buy and Hold Purchase: $43K Repair Cost: $19K (exterior work) Financing: NA ……………………… I love the location of this house. It is on a quiet street next to a high school. It was an ugly house with nice interiors. However, due to the […]
Project Details Purchased: October 2020 Location: Indianapolis, IN Property Type: SFH Strategy: Buy and Hold Purchase: $70K Repair Cost: $5.5K (new roof) Refinancing: 75% LTV conventional Loan Terms: 30-year fixed at 3.5%% ……………………… This house was too cute to pass! Good location and on the path of progress. Selecting the right neighborhood certainly makes a […]
Project Details Purchased: September 2020 Location: Indianapolis, IN Property Type: Duplex Strategy: BRRRR (Buy, Rehab, Rent, Refinance, Repeat) Purchase: $46K Repair Cost: $32K Refinancing: 75% LTV conventional Loan Terms: 30-year fixed at 4.375% ……………………… All in cost $78K and property was appraised at $110K after rehab. Approximately $30K equity was created and I was able […]
Project Details Purchased: August 2020 Location: Indianapolis, IN Property Type: Duplex Strategy: Buy and Hold Purchase: $120K Repair Cost: $10K via closing credit Financing: 75% LTV conventional Loan Terms: 30-year fixed at 3.375% ……………………… First investment property purchased with the intent to build passive income and long-term wealth. Not an amazing deal but this transaction […]
Project Details Purchased: June 2020 Sold: April 2021 Location: Rockwall, TX Property Type: Land Strategy: Flip ……………………… Knowing the market power! My partner understood the property value and demand in her market. She convinced me to pool our funds together to snatch this piece of land. This was probably the easiest investment I have ever […]
Project Details Purchased: January 2009 Sold: October 2018 Location: Tracy, CA Property Type: Condo Strategy: Primary Residence Purchase: $189K Repair Cost: $0 Financing: 0% down using VA Home Loan Loan Terms: 30-year fixed at 5.25% Bonus: $8,000 tax credit for first time home buyers based on the 2009 Economic Stimulus Package ……………………… I purchased my […]