2-Family in nice neighborhood.

[Ken Dixon]

Investment Info:

Small multi-family (2-4 units) other investment.

Purchase price: $56,000
Cash invested: $15,500
Sale price: $109,000

House hacked this 2 family property for about 8 years

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

Lived there free as tenant paid mortgage note.

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

Broker

How did you finance this deal?

Conventional Financing

How did you add value to the deal?

Renovated entire house.

What was the outcome?

Sold for a profit later on.