Cash Flowing Duplex in Oshawa, Canada

[Sherif Samy]

Investment Info:

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

Purchase price: $475,000
Cash invested: $95,000

This was a 2 unit duplex I purchased from the previous owner that renovated it and added new furnace / water heater. The house was largely fixed up but didn't some further work for insulation and electricity wiring.

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

I was looking for cash flowing positive properties

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

I found this deal through a broker

How did you finance this deal?

Traditional financing from A lender