Updated about 6 years ago on .
7- 1 level 2 bed 1.5 bath duplex
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $295,000
Cash invested: $16,000
This was actually my first seller financing deal. I loved these because they are a one level duplex. The owner was great to work with.
What made you interested in investing in this type of deal?
The seller wanted to owner finance only and was not interested in being paid up front for the entire purchase.
How did you find this deal and how did you negotiate it?
He knew I was interested in them for a while
How did you finance this deal?
Seller finance with only $16k down- 4.75% interest- fixed for 20 years
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Just me :)