Updated over 5 years ago on .
Broadway st. Investment
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $14,500
Cash invested: $25,000
Duplex in 40211 that I bought at forclosure auction
What made you interested in investing in this type of deal?
Had to start somewhere
How did you find this deal and how did you negotiate it?
Forclosure Auction, i outbid other buyers
How did you finance this deal?
Cash
How did you add value to the deal?
added to new HVAC units and updated some of the electric. added cabinets and remodled kitchen in downstairs unit.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
No