Updated almost 4 years ago on .
First duplex, subject-to
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $80,000
Cash invested: $30,000
Sale price: $137,000
Bought with one unit needing rehab. Ended up rehabbing that unit and had the tenants move into it and rehabbed their side as well
How did you finance this deal?
Subject-to and cash for rehab
What was the outcome?
Ended up selling to a friend who was looking for a duplex in the area, as I was looking to put the money into another deal
