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JohnBoy Category: Big Deals
Current Grade: A
Total Views: 707
Member Comments: 0
Posted on: 09/24/2009
Posted by: JohnBoy
Blog Points: 1511
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Is there anyone out there interested in lending private funds to assist with the purchase of an 8 unit multi-family building in Oklahoma City.  Purchase price is about 65-70K and will need 100K in repairs.  I would like to defer payments for a few months while I am doing the rehab.  My goal is to manage it for about 3 yrs, get a solid rent roll, and then put it on the market.  By then it should easliy sell for between $250 and $300K.  If this is something you might be interested in please contact me ASAP.  The city is considering tearing it down since it has been vacant for a few years.

Current Grade: A
Category: Big Deals
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