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Updated almost 6 years ago, 01/14/2019

User Stats

360
Posts
302
Votes
Dante Pirouz
  • Investor
  • Almont, MI
302
Votes |
360
Posts

Tudor Duplex with Seller Financing

Dante Pirouz
  • Investor
  • Almont, MI
Posted

Investment Info:

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

Purchase price: $55,000
Cash invested: $5,000

Brick Tudor Duplex with Seller Financing

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

It was a solid building for a good price

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

Seller wanted to sell for nearly 2 years and had no takers.

How did you finance this deal?

Seller financing

How did you add value to the deal?

New light fixtures, toilets, washer/dryer coin laundry in the basement.

What was the outcome?

Fully rented

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