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Updated about 4 years ago on . Most recent reply

User Stats

89
Posts
26
Votes
Tom Nguyen
  • Rental Property Investor
  • Austin Tx
26
Votes |
89
Posts

Duplex Buy Hold, Value Added

Tom Nguyen
  • Rental Property Investor
  • Austin Tx
Posted

Investment Info:

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

Purchase price: $130,000
Cash invested: $40,000
Sale price: $390,000

Duplex Buy and Hold for initial plan.
Just sold recently to 1031 in exchange for something else.

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

Buy hold and build wealth

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

MLS

How did you finance this deal?

Conventional

How did you add value to the deal?

Finish basement

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