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Updated over 6 years ago on . Most recent reply

User Stats

24
Posts
12
Votes
Dustin Haug
  • Chino Hills, CA
12
Votes |
24
Posts

2nd investment in Indianapolious

Dustin Haug
  • Chino Hills, CA
Posted

Investment Info:

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

Purchase price: $109,000
Cash invested: $29,500

Duplex. Receiving $1,470 in monthy rent

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

First home was a single family. Duplex makes more ROI.

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

MLS.

How did you finance this deal?

Conventional loan

How did you add value to the deal?

Minor repairs. $1200 worth

What was the outcome?

Doing good. Still receiving rents

Most Popular Reply

User Stats

685
Posts
334
Votes
David Avetisyan
  • Rental Property Investor
  • Glendale, CA
334
Votes |
685
Posts
David Avetisyan
  • Rental Property Investor
  • Glendale, CA
Replied

Congrats! 

Do you have any images; I would love to see what you bought.

To your success!

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