Updated over 5 years ago on . Most recent reply
1st duplex in El Paso
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $130,000
Cash invested: $3,000
This is a duplex in El Paso TX. It was an owner financed deal. 10% down.
How did you find this deal and how did you negotiate it?
It was listed on Craigslist. I negotiated with the owner on the interest rate.
How did you add value to the deal?
I haven't done anything. It was a turnkey deal. The property was in excellent condition.