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Updated about 6 years ago,
Long term rental investment
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Gretna.
Purchase price: $135,000
Long term rental duplex
What made you interested in investing in this type of deal?
Undervalued
How did you find this deal and how did you negotiate it?
Craigslist.
How did you finance this deal?
30 year FHA
What was the outcome?
Positive cash flow $700/month
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Kay Randels, Latter & Blum