Cash-Flow Duplex with Garage

[Clark Kirkpatrick]

Investment Info:

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

Purchase price: $76,500
Cash invested: $23,000

I got a good deal on a duplex with value-add potential. It's fully rented out on day 1, and I plan to make improvements as time goes on.

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

FSBO - walking around town, I saw a for sale sign and called the number.

How did you finance this deal?

Conventional financing