True Multifamily
True Multifamily
Justin Fraser
E42: Jonathan Bombaci - He bought and sold a multifamily portfolio for massive profit during COVID-19!
27 minutes Posted Nov 5, 2020 at 9:00 pm.
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Back for part two is Jonathan Bombaci of Candor Realty. This time, he shares how he purchased a multifamily portfolio off the MLS for $1,890,000, appraised it at $2,356,000, and sold it off for $2,575,099 in just less than six months during the coronavirus pandemic.


Jonathan shares how they bought the multifamily portfolio with bank financing and how it was cashflow positive monthly. He also breaks down the FHA rule and shares a few tips to keep in mind on working with his strategy.


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