Small multi-family (2-4 units) buy & hold investment.
Purchase price: $50,000
Cash invested: $3,000
Duplex located in Raymond Washington
How did you finance this deal?
Paid $50,000 cash. it appraised for $100,000. Used Delayed financing and put a mortgage on it for $50,000. We were able to pull all of our money back out of the deal.
That sounds like a fantastic deal Luke! Skyler mentioned you and him had talked about this one at the last REI meeting. I'd love to hear more about how you were able to acquire this one! Some guys and I are getting together for a couple beers and RE talk downtown Olympia this Saturday if you want to swing by.
Next time can you also ping me your deal
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