Longterm buy and hold
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $160,000
Cash invested: $50,000
Duplex in ohio, 2 bed, 1 bath each unit.
What made you interested in investing in this type of deal?
Tax planning
How did you find this deal and how did you negotiate it?
turn key company
How did you finance this deal?
conventional 30 year financing
How did you add value to the deal?
n/a
What was the outcome?
very low cash flow/loss.
Lessons learned? Challenges?
turn key companies are usually the very most expensive way to go and their pro-forma is usually quite off to make the deal look better.
- Sarah Akin