2018 Duplex Purchase in Palm Coast Florida

[Jorge Rossi]

Investment Info:

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

Purchase price: $280,000
Cash invested: $70,000

Duplex unit: 6 bedroom, 4 bath, Two 1 Car Garages

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

Passive Income and long term appreciation investment

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

Found it through a Broker friend in the area. Easy transaction. Offer accepted at 10,000 under asking.

How did you finance this deal?

conventional 30 yr loan

What was the outcome?

Fully rented since inception with great tenants to date.