Updated over 4 years ago on . Most recent reply
Duplex Investment in Norman
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $207,000
Cash invested: $207,000
This property is a 2-story duplex, each unit has an upstairs and downstairs, and the units are 2 bed, 2 bath. The duplex had received moderate remodeling prior to our acquisition.
How did you finance this deal?
Was able to purchase with cash through our Self-Directed IRA fund managed by our company.
How did you add value to the deal?
We bought this deal at a good price per sq ft, and similar units listing and selling in the same apartment complex were already $20-30k more.