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Updated over 1 year ago on .
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2231 Summit Road Duplex
Investment Info:
Small multi-family (2-4 units) wholesale investment.
Purchase price: $262,000
Cash invested: $4,436,838
Duplex will be listed for rent on 5/31/23
What made you interested in investing in this type of deal?
Rental income opportunities in new development area
How did you find this deal and how did you negotiate it?
Worked with an old service member friend who lives in that area and is a (new) real estate agent.
How did you finance this deal?
Conventional loan
What was the outcome?
TBD
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Yes. Mike Hernandez and Federal Savings Bank (Steven Odebralski)