Buy-n-hold Investment Property
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $70,000
Cash invested: $15,000
Off-Market deal
Duplex
What made you interested in investing in this type of deal?
Cash-flow and appreciation
How did you find this deal and how did you negotiate it?
Off-market and found through networking
How did you finance this deal?
Cash
How did you add value to the deal?
Rehabbed and took care of foundation issues
What was the outcome?
Cashflow
Lessons learned? Challenges?
Duplexes are nice little investments