Duplex Investment in Orange County
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $780,000
Cash invested: $25,000
Rental long term hold
What made you interested in investing in this type of deal?
I prefer investing in multi family properties
How did you find this deal and how did you negotiate it?
Found on zillow, fell out of escrow and new the agent representing seller.
How did you finance this deal?
Cash out from another investment
How did you add value to the deal?
Complete remodel of one unit with higher rent and no remodel but kept long time tenant with slightly higher rent