Duplex in Tarpon Springs, FL

[Mo Maktari]

Investment Info:

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

Purchase price: $355,000
Cash invested: $110,000

Duplex with 2/1 in both units.

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

Multi-family

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

MLS with no movement due to listing mistakes

How did you finance this deal?

Heloc used for downpayment, DSCR loan for the 30 fixed mortage

How did you add value to the deal?

Renovated one unit $22k now used for STR.