my second property

[Haley Borchers]

Investment Info:

Small multi-family (2-4 units) private money loan investment.

Purchase price: $490,000
Cash invested: $150,000

I bought a duplex in 2021 to generate passive income while renting it out. I currently have tenants on both sides and plan to build a second duplex in back of the property because the back yard is so big. I plan on renting these units out as well.

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

Passive income and generational wealth

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

my real estate agent