Just closed on a buy and hold duplex.

[Kellan Martz]

Investment Info:

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

Purchase price: $68,650
Cash invested: $22,000

Buy and hold duplex. Cash invested in down payment and closing costs. We are in the process of addressing deferred maintenance.

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

Own a SFR and now interested in a multifamily property.

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

Off market through my agent. We negotiated based upon keeping it off the MLS and the home inspection report.

How did you finance this deal?

Traditional financing.

How did you add value to the deal?

We are currently doing deferred maintenance.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Yes, feel free to message me.

[Marc Rice]

@Kellan Martz

Great buy! Cleveland is up and coming and ripe with cash flow