Updated about 1 year ago on . Most recent reply

Light Value-add Quadplex
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $515,000
Cash invested: $128,750
Textbook quadplex buy and hold right outside the DFW metro. 2 story brick building with 4 identical 2 bed 1.5 bath units. Just under the 1% rule at close, but we plan to convert 2 units into furnished mid-term rentals at premium rates.
