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Updated about 9 hours ago on .

User Stats

3
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0
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Britton Eads
  • Rental Property Investor
  • Kentucky
0
Votes |
3
Posts

Duplex with 100% debt

Britton Eads
  • Rental Property Investor
  • Kentucky
Posted

Investment Info:

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

Purchase price: $250,000
Cash invested: $80,000

I bought this duplex with 100% debt using equity on other properties for the down payment. I bought it for 250,000 put 20,000 into it and then refinanced.