Updated over 3 years ago on .
This was our first Investment
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Rumford.
Purchase price: $36,000
Cash invested: $30,000
This was our first duplex, and great education. This was a BRRRR and we got all our money back out of it.
What made you interested in investing in this type of deal?
Bigger Pockets
How did you find this deal and how did you negotiate it?
Mls. Negotiated through a building inspection.
How did you finance this deal?
Bank
How did you add value to the deal?
updated all the electric and new paint.
What was the outcome?
$700 profit and by using the BRRRR process no money left in.
