Duplex with Subject To Financing

[Clark Kirkpatrick]

Investment Info:

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

Purchase price: $97,000
Cash invested: $15,000

Another duplex that needs some TLC, this property is our first deal with Subject To financing. It is intended to be a long-term BRRRR, with improvements made gradually and a cash-out refi to pay off the existing financing from the previous owner.