Duplex in Ypsilanti Historic District

[Glory H.]

Investment Info:

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

Purchase price: $182,000
Cash invested: $20,000

Duplex in historic district.

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

The opportunity to house hack

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

Found it in Zillow. Paid asking price. I wanted it and there was not much in the market then that fit my criteria and budget.

How did you finance this deal?

FHA loan

How did you add value to the deal?

Remodeled interior
Replace roof