Our Scranton 6 unit deal was initially purchased as a 5 unit, in November, 2023 for $485K.  We identified that the property had a vacant basement area, which could be rehabbed into a 6th unit at a low cost. The property recently appraised for $620K when we refinanced in March, 2025 and is fully occupied.  It also has all separate utilities, with the tenants responsible for the cost. 

Our Forty Fort deal is a 4 unit purchased in March 2025 for $360K. The property was purchased fully occupied, collecting rent on day 1.  Since aqusition, the focus on the property has been raising rents to market level. The property also boasts a beautiful attic space, which can be converted into an additional bedroom for each of the top floor units.  This value add rehab will lead to increased rental income & equity in the property. The property also has coin operated laundry in the basement and all seperate utilties. The estimated ARV is $420K.  

Our second Wilkes-Barre 4 unit was purchased in June 2024 for $360k.  Wilkes-Barre was targeted again due to its strong rental market and low taxes.  We received the property occupied, but have since moved out tenants in apartments needing work, allowing us to do value add rehab to those units and bring them up to market rent.  Since October 2024, the property has been fully leased up and providing stable cash flow.  All utilities are separated except for the water.  The property is also strategically purchased due to its proximity to the local Mohegan Casino, where many of the tenants work. The estimated ARV is $410K.

Our first Wilkes-Barre 4 unit was purchased in November, 2023 for $330K.  Purchased via a 1031 exchange, the property appraised for $380K during the purchase process.  It is a unique investment property, with two separate two unit structures, on the same parcel of land, for a total of 4 units.  There are 12 total bedrooms and 4 bathrooms.  We purchased the property fully occupied and it has stayed that way, with the same Section 8 housing tenants.  Rents have been increased by providing market comps to the Section 8 housing program.  The property is consistently cash flowing and just appraised for $480K during refinance.

Our Scranton 3 unit was purchased using a hard money loan for purchase & rehab, in September, 2021. The property was bought for $142K and underwent significant rehab after purchase, turning the property from a 7 bed/3 bath, to a 9 bed/4 bath.  Despite having to overcome a burst pipe in January, 2022, the hard money loan was paid back on time and the property was stabalized within a year.  It is fully occupied, cashflowing and listed for sale at $370K.