My first investment property!

[Jeff Boyle]

Investment Info:

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

Purchase price: $119,000
Cash invested: $35,000

Side by Side all brick Duplex.

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

It is a side by side duplex which in my opinion are the best kind. All separate utilities and no "upstairs neighbor" to make all kinds of noise.

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

This was my first piece of investment property that I purchased. I actually went on an appointment to list it and after giving the seller a sale price and looking up rents I decided to just buy it myself.

How did you finance this deal?

Conventional loan with 25% down.

How did you add value to the deal?

Nothing. It was remodeled when we purchased it in 2021.