Third investment and best numbers
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $130,500
Cash invested: $33,725
Side by side duplex, listing price $135,000, contract price $133,000, appraisal came back at $135,000. After inspection (which came back amazing besides a roof with about 5-7 years of working life left) we negotiated down to $130,500 with 2% seller concessions. Closing costs coming to $3,300 gets brought down to $1,100 with the seller concessions.
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Real Estate Agent
- EXP Realty
- 561-850-8229
- [email protected]