Citrus Heights 15 month flip

[Daniel Russo]

Investment Info:

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

Purchase price: $310,000
Cash invested: $63,000
Sale price: $390,000

Bought low, rented for 15+ months and sold high.

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

Heard duplex’s are the way to go. Double rent👍🏼

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

Private transaction with homeowner.

How did you finance this deal?

Used equity from my primary residence.