Owner occupied duplex

[Steve Horning]

Investment Info:

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

Purchase price: $165,000
Cash invested: $35,000

4 bedroom 2.5 bath plain township, owner occupied duplex

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

Bigger pockets podcast

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

Bought from previous owner off market

How did you finance this deal?

Savings/FHA loan

How did you add value to the deal?

Paint, lvp flooring, New kitchen countertop, sink, and backsplash, new vanities, mirrors, lighting fixtures and patio door.

What was the outcome?

Refinanced into conventional loan after renovation