South Linden duplex

[Trent Ecklar]

Investment Info:

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

Purchase price: $75,000
Sale price: $119,500

Cash purchase, cash-out refi to purchase additional duplexes. 1031ed into 18 unit in Delaware Ohio

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

Cashflow

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

MLS

How did you finance this deal?

Local lender - Perpetual Federal Savings Bank - 20 year note

What was the outcome?

Sold with multiple offers received