First duplex property

[Brock Stoker]

Investment Info:

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

Purchase price: $240,000
Cash invested: $80,000

Kissimmee,FL duplex

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

Hopefully to not see a full month loss of cash flow.

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

Research and using a investment realtor.

How did you finance this deal?

Bank

What was the outcome?

Buying a duplex with existing renters.

Lessons learned? Challenges?

More money down then I was expecting and do more research on property management companies.