Turning One Parcel Into a Portfolio: Greg’s Path to a 5-Plex Hold
Closed a 5-Plex with $0 Out of Pocket Using Cross Collateral
Purchase: $485,000 | Renovation: $100,000 | ARV: $750,000
Structure: Cross-Collateral
Cash to Close: $0
Greg expanded a cluster of parcels he’d been acquiring since 2019. Rain City used equity from the neighboring parcel to structure a cross-collateral deal that required no cash at closing.