Side by side duplex househack

[Michael Dahl]

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Columbia Heights.

Purchase price: $425,000
Cash invested: $71,200

2 unit, 3,000 sqft, househack, needs alittle bit of work but almost a turnkey property

What made you interested in investing in this type of deal?

I knew I could live in the duplex and make fixes along the way to build equity in my investment.

How did you find this deal and how did you negotiate it?

Through my Keller Williams Agent Adam Tafael. He did all the negotiations and was a great resource on how much this property was worth.

How did you finance this deal?

I did a conventional owner occupied loan with 15% down.

How did you add value to the deal?

I will be doing a lot of the sweat equity myself.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Adam Tafael, Upside Property Sales, Jordan Moorhead, Keller Williams