Multiple duplex package

[Derc Teschler]

Investment Info:

Large multi-family (5+ units) buy & hold investment.

Purchase price: $405,000
Cash invested: $105,000

4 duplex units side by side on the same property.

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

Live MLS search.

How did you finance this deal?

Commercial loan

How did you add value to the deal?

Immediate renovations on 3 units to increase monthly rental values.

What was the outcome?

Still holding.

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

I was the the buyer agent and self represented.