1) NC Duplex - Buy and Hold

[Justin Fagala]

Investment Info:

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

Purchase price: $60,000
Cash invested: $2,500

Two unit rental

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

Cash flowing 2 unit property that covered 15 year mortgage

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

Private seller

How did you finance this deal?

Traditional 15 year

How did you add value to the deal?

0 money down
recently rehabbed property
7500 equity

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

N/A