They purchased an off-market multifamily property, then negotiated a seller-financed deal on the adjacent building, all within days of each other. These off-market multifamily deals gave them an edge other buyers never saw. The seller financing real estate arrangements on the second building let them expand fast without overextending their cash, setting the stage to build wealth through steady rental income.
Yanik and Joel were new to the investment game and stepping into a property that was rough. There was visible damage, serious odors, years of buildup, and surprises behind every door. As first-timers, they were navigating the deep end with limited experience and zero guarantee of what they were walking into.
They faced real questions before committing:
Lyon Property Group guided Yanik and Joel through the full process. We sourced the off-market deal, projected rents, and managed the rehab vision from start to finish. Our rent projections gave them a clear picture of their return on investments before they ever signed.
Here’s what those projections looked like:
The result was a BPO that came in at $700K against a $650K estimate, a slam dunk. Their trust in the Lyon process turned a smelly fixer into a cash-flowing asset and the foundation of a growing portfolio. These cash-flowing assets now anchor a portfolio they plan to keep expanding through their first-time real estate investing.
Lyon Property Group
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