Small multi-family (2-4 units) buy & hold investment in Longview.
Purchase price: $172,000
Cash invested: $34,400
Two duplexes in north west Longview, TX
How did you find this deal and how did you negotiate it?
Found the deal on the MLS from another out-of-state investor who needed cash to rebuild other investments
How did you finance this deal?
Conventional Mortgage from a small bank in Texas
What was the outcome?
Cash flowing deal while building equity on a 15yr note
@Brian Watts Looks like you're in with both feet, congratulations!
Congrats! I've only been out there once, but it was during Bluebonnet season and they were blooming!!!! East Tx. is nice. Good luck w/ renters and how it's profitable for you
@Angie Shires Always looking for more! Love the Tyler area!
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