Updated over 2 years ago on . Most recent reply
first of Three Franklin duplexes currently
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $240,000
Cash invested: $65,000
Side by side duplex
What made you interested in investing in this type of deal?
Cashflow and package deal from Seller
How did you find this deal and how did you negotiate it?
Realtor brought it to my attention.
How did you finance this deal?
Bank finance
How did you add value to the deal?
Repair and paint
What was the outcome?
still cash flowing today.
Lessons learned? Challenges?
A few things break, furnace, AC, Garage door opener, pests etc... Just keep fixing them asap and continue on.