Updated almost 3 years ago on . Most recent reply
My first duplex in Texas
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Commerce.
Purchase price: $210,000
Cash invested: $45,000
2/1 duplex in TX
How did you find this deal and how did you negotiate it?
MLS search
How did you finance this deal?
Bank loan
How did you add value to the deal?
New flooring, paint, fixtures, hvac (in one unit), and windows/doors.
New roof, vanities, and exterior paint planned for 2023! :D
What was the outcome?
https://www.eastlandinvestments.com/mccarley
Lessons learned? Challenges?
Know the age of your roof. If too old insurance will not cover it!
Most Popular Reply
Looks great! congrats!