Seymour Duplex Rental

[Anthony Alvarez]

Investment Info:

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

Purchase price: $320,000
Cash invested: $15,000

Duplex, currently renting both units at $1840 each

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

good passive income

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

found it on realtor.com

How did you finance this deal?

VA loan from NFCU

How did you add value to the deal?

Fixed the flooring and balcony

What was the outcome?

fair price, good tenants, good monthly cash flow

Lessons learned? Challenges?

could've found a better deal

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

yes, they dedicated all the time I needed and were able to assess some properties without my presence.