Portfolio
- Location: Manchester, NH
- 4 Unit Multi-Family
- Two 2 Bedrooms and the other two 3 Bedrooms
- Bought the property in September 2020 for $286,500
- $5,000 were out of pocket for closing costs
- Started as a legal 2 family and then was upgraded to a 4 family
- Added 3rd/4th unit with refinancing to a 203K loan for $365K
- Upgrades included: Sprinkler System, Fire System, Renovated Units 2, 3, and 4
- Mortgage equals out to $2,700
- Rent for each Unit = $1,150 | $1,850 | $1,750 | $1,800
- Current ARV $600K/$650K
80 Walsh Ave
- Location: Pelham, NH
- Single Family with a Legal in Law Apartment
- Purchased in June 2022 for $20,100
- Created a deal with the owner of the property who was a week away from losing the property
- Paid back the owner's taxes for 3 years totaling $22,000
- Money paid out of pocket = $45,000
- Cash-Out refinance for $115K
- Mortgage is $808.01
- Renovated the attached 2-bedroom unit with the money from cash-out refinance
- Renting out both apartments now for $2,100
- ARV: $550K/$600K
43 ledge road
- Location: Lowell, MA
- First major flip! From the inside out!
- Negotiated with the seller to buy property at $260K ($30,000 lower than the asking price! A win!)
- Nick and Jacob partnered up on this project to complete all the necessary renovations. They both LOVE to partner up on projects!
- After about 3 months of renovations, Nick and Jacob were able to sell the house for $415K
30 Lyons Street
- Location: Gardner, MA
- Purchased in August 2023 for $300K
- Unit 1 is a 3 bedroom and Unit 2 is a 4 bedroom
- Put approximately $25,000 into renovations around the property
- ARV: $350K
65 school street
- Location: Fitchburg, MA
- Purchase Price: $245K
- $60,000 in Renovations in and out of the property
- ARV: $387K
35 proctor ave
- Location: Lowell, MA
- 2 Bedroom Unit
- Bought in September 2021 for $112,500
- Money out of pocket: $28K
- No renovations needed
- Mortgage and HOA: $1,050
- Rent: $1,500 a month
- ARV: $150K