Rental Property Investor · Glen Mills, PA · Member since 2012 · 87 posts · 56 votes
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Phila.
Purchase price: $40,000 Cash invested: $20,000
Duplex 2+2 (Private Money) w/ lot attached separate parcel. BRRR in place re-hab 90% complete.Tenant in place in second unit $675 p/mo. Making 2 efficiencies on 1st floor. Future 1st fl rents $600+$600. ARV for building excluding lot. $135K.
What made you interested in investing in this type of deal?
Its a Multi unit W/ attached lot. 2 separate addresses!
How did you find this deal and how did you negotiate it?
I am always talking about me realestate, a family member brought me this deal!