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Updated over 2 years ago,
FHA Financed Duplex in the heart of San Antonio
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $402,000
Cash invested: $25,000
Bought and remodeled a duplex utilizing FHA financing.
What made you interested in investing in this type of deal?
Location Location Location
How did you find this deal and how did you negotiate it?
MLS
How did you finance this deal?
FHA Financing
How did you add value to the deal?
Cosmetic Remodel
What was the outcome?
One unit fully furnished and updated for rental
Lessons learned? Challenges?
don't underestimate an old home!
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
I represented myself in the deal