Updated over 5 years ago on .
Duplex across street from private college-seller financing
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Kalamazoo.
Purchase price: $380,000
Cash invested: $5,000
Newer construction Duplex across street from college rents total approx $4000/month
What made you interested in investing in this type of deal?
the gross rents, newer construction and seller financing
How did you finance this deal?
seller financing
What was the outcome?
rented for $4000/month total
Lessons learned? Challenges?
taxes are high but must plan for this