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Updated almost 4 years ago on . Most recent reply

James Gilstrap's profile image
James Gilstrap's profile image
James Gilstrap
  • Investor
  • from Kapolei, HI
  • Member since Mar 31, 2015
  • Posts 13
  • Votes 4
  • Experience 10 Yrs
  • Investments 9
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User Stats

13
Posts
4
Votes
James Gilstrap's profile image
James Gilstrap's profile image
James Gilstrap
  • Investor
  • from Kapolei, HI
  • Member since Mar 31, 2015
  • Posts 13
  • Votes 4
  • Experience 10 Yrs
  • Investments 9
Connect
James Gilstrap
  • Investor
  • Kapolei, HI
4
Votes |
13
Posts
Real Estate Deal Analysis & Advice

Duplex Purchased for Cashflow

James Gilstrap
  • Investor
  • Kapolei, HI
Posted

Investment Info:

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

Purchase price: $126,000
Cash invested: $38,000

Buy and Hold Rental

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

Found it through My Realtor. Negotiated $4K lower PP due to Area.

How did you finance this deal?

Bank Loan.

  • James Gilstrap
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    Andrew Freed's profile image
    Andrew Freed's profile image
    Andrew Freed
    • Investor
    • from Worcester, MA
    • Member since Aug 22, 2020
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    Andrew Freed's profile image
    Andrew Freed's profile image
    Andrew Freed
    • Investor
    • from Worcester, MA
    • Member since Aug 22, 2020
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    Andrew Freed
    • Investor
    • Worcester, MA
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    Andrew Freed
    • Investor
    • Worcester, MA
    Replied

    @James Gilstrap - Nice find. What are you getting for rents? What is the condition of the property? What is the area like? Curious about more details of the deal. 

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