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Updated almost 6 years ago on .

User Stats

96
Posts
34
Votes
Constance Grandelli
  • Realtor
  • KINGSPORT, TN
34
Votes |
96
Posts

CARVER DUPLEX INVESTMENT

Constance Grandelli
  • Realtor
  • KINGSPORT, TN
Posted

Investment Info:

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

Purchase price: $28,500
Cash invested: $40,000

Duplex with 1/1. Totally gutted, will rehab and rent for $450 per side.

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

It was a good deal.

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

MLS

How did you finance this deal?

Cash

How did you add value to the deal?

Rehab

What was the outcome?

Don't know yet

Lessons learned? Challenges?

Not yet! Sure there will be a few! :0)

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I am a Realtor