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Dusty LaBossiere
  • Real Estate Agent
  • Atlanta, GA
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314 Crestview Circle, Roswell - Buy and Hold

Dusty LaBossiere
  • Real Estate Agent
  • Atlanta, GA
Posted

Investment Info:

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

Purchase price: $307,000
Cash invested: $61,400

Solid brick ranch on a full finished basement close to Roswell Historic DownTown area.

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

I has this listed as an agent and found out how much the owner was making on AirBB in the separate basement apartment she had.

How did you finance this deal?

20% conventional loan.

How did you add value to the deal?

Getting two tenants in one single family residence.

What was the outcome?

$800-900 cashflow a month.