Ernie and Rowen Enriquez 2
- Profit Strategy: Purchased fourplex with seller-financing, 13% down payment, owner carried-and-back at 5% interest rate, 30 year amortization.
- Number of Units: Fourplex
- Amount Earned: $500 monthly cash flow (undergoing rehab so will increase in value overtime)
- Personal Money Invested: Down payment purchased out of pocket.
- Prior Experience: Single family home rentals.