Fourth Deal - Springboro Duplex

[Myles Greely]

Investment Info:

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

Purchase price: $180,000
Cash invested: $9,000

Seller-financed duplex.

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

Low money down. Good cash flow. Able to add value.

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

Contacted the seller directly.

How did you finance this deal?

Seller is carrying.

How did you add value to the deal?

Online rent payment. Renovate units and increase rent when tenants move out.