Updated 12 months ago on .
My First Duplex back in 2010
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Webster.
My First Duplex back in 2010
What made you interested in investing in this type of deal?
Low income neighborhood; save on taxes
How did you find this deal and how did you negotiate it?
Zillow
How did you finance this deal?
FHA ; first time home buyer w 3 % down; sellers offered sellers assistance;
How did you add value to the deal?
Upgrades throughout the years
What was the outcome?
Cash flow
Lessons learned? Challenges?
Choosing the right contractors are important. I learned to call others investors who referred me to trustworthy contractors.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
yes