Rehabbing duplex - looking for cashflow

[Dan S.]

Investment Info:

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

Purchase price: $100,000
Cash invested: $75,000

Not rented yet - still rehabbing.

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

Good area, good price on house.

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

realtor - I low balled offer, didn't get, first offer fell through and I got call back

How did you finance this deal?

Hard money

How did you add value to the deal?

fixing up place

What was the outcome?

Still TBD

Lessons learned? Challenges?

Still working it through - took a while to determine how much to fix up