Updated almost 3 years ago on . Most recent reply
Multi-Family Investment Using a 1031 Exchange
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $165,000
Cash invested: $70,000
Duplex 3/1 each unit.
What made you interested in investing in this type of deal?
Long-term real estate portfolio investment.
How did you find this deal and how did you negotiate it?
Through the MLS.
How did you finance this deal?
Conventional loan plus a 1031 Exchange for the down payment.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
I represented myself so I would recommend using me as your agent.