Duplex LTR; rehabbed into STR

[Annette Weiss]

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $70,000
Cash invested: $25,000
Sale price: $235,000

Duplex was a long term rental. After rehab, 2 STR's.

What made you interested in investing in this type of deal?

The price point, and the lack of housing in the ara.

How did you find this deal and how did you negotiate it?

Zillow.

How did you finance this deal?

Heloc

How did you add value to the deal?

New flooring/paint/toilets/private fence/lighting/rubber roofing

What was the outcome?

Excellent profit