Pine Street Duplex Rehab
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $82,000
Cash invested: $50,000
Upstairs/downstairs duplex. Upper unit is a 2/1 fully remodeled, furnished unit renting to traveling nurses.
What made you interested in investing in this type of deal?
Heard about renting to traveling nurses on Bigger Pockets Podcast
How did you finance this deal?
Used a HELOC to purchase and rehab
How did you add value to the deal?
Did a full remodel of the upstairs unit including windows, flooring, kitchen and bath, addition of laundry, AC and all of the furnishings.